Charity Search / GOODWILL LEGACY GROUP INC
Employment (J320) IRS Verified DX Registered 990 on File

GOODWILL LEGACY GROUP INC

EIN: 35-0893506 · INDIANAPOLIS, IN 46222-3852 · United States · FY 2023 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
Claim this Charity
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
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
35-0893506
State
IN
City
INDIANAPOLIS
ZIP
46222-3852
Classification
J320
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1930
Foundation Code
15
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search