Goodwill Industries of Fort Worth Foundation Inc

Analysis

Goodwill Industries of Fort Worth Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 1997, 29 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 Fort Worth Foundation Inc reported income of $10.2m and spending of $2.9m, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $10.2m (+261%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 447%. Over the whole period it spent 35% 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 Fort Worth Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Anne Arundel Workforce Development Corporation ($10.2m), Nobis Works Inc ($10.2m) and The Reach Corporation ($10.2m).

At year end it held assets of $55.3m against liabilities of $0, net assets of $55.3m.