Employment
(J32)
IRS Verified
DX Registered
990 on File
GOODWILL INDUSTRIES OF MIDDLE TENNESSEE INC
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$111.8M
Total Revenue
$103.5M
Total Expenses
$75.7M
Net Assets
2715
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.0%
Fundraising Efficiency
1246.4%
Operating Reserve
8.78x
Liability-to-Asset
36.7%
Revenue Diversification
56.3%
Executive Compensation
$1.6M
Compared with Peers
FY 2024
Compared with 18 similar organizations
(United States, Employment, $100M and over in expenses), FY 2024.
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
|
89.0% | 91.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.5% | 7.0% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.5% | 0.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1246.4% | 1246.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.8 mo | 5.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
36.7% | 45.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.3% | 75.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
11.4% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-32.3% | 7.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.4% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $111.8M | $103.5M | $75.7M | 89.0% | 2715 |
| 2023 | $100.3M | $152.8M | $67.4M | 93.7% | 2484 |
| 2022 | $87.2M | $68.8M | $116.8M | 87.0% | 2156 |
| 2021 | $79.0M | $61.5M | N/A | — | 2130 |
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