Goodwill Industries of Central and Northern Arizona Foundation Inc

Analysis

Goodwill Industries of Central and Northern Arizona Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Central and Northern Arizona Foundation Inc reported income of $1.6m and spending of $1.9m, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.6m to $1.6m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Goodwill Industries of Central and Northern Arizona Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Oaklawn Foundation ($1.6m), Peconic Hockey Foundation Inc ($1.6m) and Christodora Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Other salaries and wages came to $275k. At year end it held assets of $577k against liabilities of $71k, net assets of $506k.