Goodwill Industries of Santa Barbara and Ventura Counties

Analysis

Goodwill Industries of Santa Barbara and Ventura Counties is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Santa Barbara and Ventura Counties reported income of $41.0m and spending of $36.4m, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $25.3m to $41.0m (+62%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodwill Industries of Santa Barbara and Ventura Counties sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include The Community Hospice Inc ($41.0m), Communities Connected for Kids Inc ($41.0m) and Greencroft Goshen Inc ($41.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $315k (0.9% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $65.4m against liabilities of $29.0m, net assets of $36.4m. It reported 899 employees.