Goodwill Industries of Houston Foundation

Analysis

Goodwill Industries of Houston Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 2021, Goodwill Industries of Houston Foundation reported income of $642k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $624k to $642k (+2.8%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 2440%. Over the whole period it spent 0.1% 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 Houston Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include St Susan Center Inc ($642k), United States Sailing Center Inc ($642k) and San Clemente Aquatic Team Corporation ($642k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 35% of the total. At year end it held assets of $55.8m against liabilities of $0, net assets of $55.8m.