Goodwill Industries of the Columbia Willamette

Analysis

Goodwill Industries of the Columbia Willamette is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1928, 98 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 the Columbia Willamette reported income of $211.2m and spending of $173.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182.7m to $211.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Industries of the Columbia Willamette sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Goodwill Industries of Houston ($210.5m), Community and Economic Development Association of Cook County Inc ($262.5m) and Camba Inc ($207.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $3.1m (1.8% of expenses). Other salaries and wages came to $80.6m. At year end it held assets of $438.2m against liabilities of $17.8m, net assets of $420.4m. It reported 3,566 employees.