Goodwill Village Inc

Analysis

Goodwill Village Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Village Inc reported income of $403k and spending of $363k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $403k (+8.8%), an average of +2.1% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodwill Village Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Impacttek ($403k), Morgantown Area Meals on Wheels ($403k) and Holmes County Council on Aging Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $532k against liabilities of $296k, net assets of $236k.