Goodwill Airport Freeway Inc

Analysis

Goodwill Airport Freeway Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Airport Freeway Inc reported income of $93k and spending of $371k, spending 400% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $525k to $93k (-82%), an average of -82% a year. The sharpest change came in the year to December 2023, when income dropped by 82%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goodwill Airport Freeway Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Mauldin High School Athletic Booster Club ($93k), Pope Highschool Volleyball Booster Club Inc ($93k) and Rod Kelley Parent Club ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $9.5m against liabilities of $9.3m, net assets of $207k.