Goodwill Industries of San Antonio

Analysis

Goodwill Industries of San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1952, 74 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Industries of San Antonio reported income of $84.5m and spending of $79.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55.9m to $84.5m (+51%), an average of +11% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Goodwill Industries of San Antonio sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Medical College of Wisconson Affiliated Hospitals Inc ($84.5m), Community Housing Partners Corporation ($84.6m) and The Energy Foundation ($84.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $1.0m (1.3% of expenses). Other salaries and wages came to $40.8m. At year end it held assets of $112.2m against liabilities of $46.4m, net assets of $65.8m. It reported 1,956 employees.