Goodwill Industries of Lane County

Analysis

Goodwill Industries of Lane County is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in March 1969, 57 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 Lane County reported income of $52.2m and spending of $46.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.7m to $52.2m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 90% 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 Lane County sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include Goodwill Industries of Michiana Inc ($52.2m), Goodwill Industries of Fort Worth Inc ($52.3m) and Occupational Training Center of Burlington County Inc ($52.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.4m (3.1% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $87.7m against liabilities of $41.2m, net assets of $46.5m. It reported 913 employees.