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Goodwill Industries of Southern New England

North Haven, CT · EIN 23-7431264 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Goodwill Industries of Southern New England reported $44.0 million in revenue and $40.6 million in expenses for calendar year 2024. Of every $100 it spent, $90.69 went to program services, $9.05 to management and general costs and $0.26 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $372,909 (PRESIDENT). 5 people received more than $100,000 in reportable compensation. Revenue rose 59% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $44M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
90.7%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
9.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.24$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
97.4%58.9%
Highest reported compensation
Part VII-A, columns D–F
$372,909$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.92%1.38%
People paid over $100,000
Part VII, line 2
56
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.86.8
Independent voting board members
Part VI 1a–1b
29 of 29100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$31M expenses · 84.8% of program spending · revenue $37M

Donated goods and retail program services- the organization utilizes retail stores to provide on-the-job training to people with disabilities, people with disadvantages and others having a hard time attaining employment. The organization accepts clothing and other household donated goods from the public and sells these donations in the community-based retail stores. Revenue from the sales of these goods goes directly toward supporting and growing critical community based programs and job placement services

$5.6M expenses · 15.2% of program spending · revenue $5.8M

Programmatic services primarily focuses on employment and related activities. Services are provided for individuals of all educational levels and work experience. Additionally, services are offered that lead to enriched community participation, socialization and /or educational success. Based on individual needs, a program may also combine both an employment and non-employment component

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$367,187$0$5,722$372,909
COO
Officer, 40.00 hrs/week
$255,878$0$5,357$261,235
VP HUMAN RES
Officer, 40.00 hrs/week
$175,766$0$32,252$208,018
CIO
Officer, 40.00 hrs/week
$174,143$0$26,418$200,561
VP RHODE ISL
Officer, 40.00 hrs/week
$140,280$0$15,981$156,261

5 people received more than $100,000 in reportable compensation from Goodwill Industries of Southern New England (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$44M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 (amended) ⓘ$44M$41M90.7%$37M$372,909
2023 ⓘ$41M$36M90.0%$33M$347,692
2022 ⓘ$38M$32M89.9%$27M$338,158
2021 ⓘ$37M$29M90.1%$22M$281,310
2020 ⓘ$24M$25M89.6%$14M$284,042
2019 ⓘ$28M$28M89.4%$16M$284,006

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b29 · 29 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,264
  • Volunteers Part I, line 6542

Private foundation grants it received

3 private foundations reported grants to Goodwill Industries of Southern New England totaling $3,444 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Goodwill Industries of Southern New England's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Goodwill Industries of Southern New England, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Connecticut

Questions people ask

How much of Goodwill Industries of Southern New England's spending goes to programs?

In calendar year 2024, Goodwill Industries of Southern New England reported that 90.7% of its $40.6 million in expenses went to program services, 9.0% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Goodwill Industries of Southern New England pay its top executive?

The largest total compensation Goodwill Industries of Southern New England reported for one person in calendar year 2024 was $372,909, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Goodwill Industries of Southern New England get its money?

Of $44.0 million in revenue in calendar year 2024, 1.0% came from contributions and grants and 97.4% from program service revenue (Form 990, Part VIII).

Is Goodwill Industries of Southern New England a registered charity?

The IRS lists EIN 23-7431264 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024 (amended), object 202640139349302839 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413179349308581 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323139349304297 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213149349300711 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143169349307184 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349306785 · read the filing

All filings for EIN 23-7431264: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.