Employment
(J320)
IRS Verified
DX Registered
990 on File
GOODWILL LEGACY GROUP INC
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Goodwill Industries is a community resource that offers opportunities, provides services and leverages its resources and capabilitis with those of others to improve the education, skills, employability and economic self-sufficiency of adults and the future employability of young people.
Financial Overview — FY 2023
$181.6M
Total Revenue
$172.2M
Total Expenses
$74.4M
Net Assets
8765
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.2%
Fundraising Efficiency
N/A
Operating Reserve
5.19x
Liability-to-Asset
58.2%
Revenue Diversification
80.7%
Executive Compensation
$1.7M
Compared with Peers
FY 2023
Compared with 25 similar organizations
(United States, Employment, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.2% | 91.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.4% | 7.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.4% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.2 mo | 5.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
58.2% | 46.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.7% | 83.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
9.3% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.7% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.2% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $181.6M | $172.2M | $74.4M | 88.2% | 8765 |
| 2022 | $166.2M | $157.0M | $65.6M | 86.6% | 8711 |
| 2021 | $153.9M | $139.2M | N/A | — | 8561 |
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