Goodwill Industries of the Southern Piedmont FDN

Analysis

Goodwill Industries of the Southern Piedmont FDN is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Industries of the Southern Piedmont FDN reported income of $495k and spending of $3.1m, spending 625% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $12.3m to $495k (-96%), an average of -80% a year. The sharpest change came in the year to December 2022, when income dropped by 93%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Goodwill Industries of the Southern Piedmont FDN sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Columbus Education Foundation Inc ($495k), Community Care Thrift Store Inc ($495k) and Muslimahs Against Abuse Center ($495k).

At year end it held assets of $6.1m against liabilities of $16k, net assets of $6.1m.