Goodwill Industries of Dallas Foundation Inc

Analysis

Goodwill Industries of Dallas Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1966, 60 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Industries of Dallas Foundation Inc reported income of $1.7m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Industries of Dallas Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Compasspoint Nonprofit Services ($1.7m), Piedmont Triad Partnership ($1.7m) and Apparo Solutions Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $18.5m against liabilities of $9,472, net assets of $18.5m.