Goodwill Industries of the Valley Works
Goodwill Industries of the Valley Works reported $104.2 million in revenue and $100.9 million in expenses for calendar year 2024. Of every $100 it spent, $94.67 went to program services, $5.33 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 51.1% of the total. The highest compensation it reported for one person was $340,941 (PRESIDENT & CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $101MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 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 $104MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.7% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 48.9% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 51.1% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $340,941 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.34% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 2 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 100.0% |
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 expenseDonated goods - goodwill collects items that the public no longer needs at community donation centers and sells these items in retail stores that it operates. Donated items that are sold in stores include clothing, shoes, toys, household goods, furniture, small electronics, and various other items. The revenues generated from store sales help to fund the organization's skills training, job placement, and support services to help people achieve their greatest potential. This funding supports both Goodwill Industries of the Valley Works and its parent company Goodwill Industries of the valleys…
Business services - goodwill provides outsourcing solutions to area businesses in fields such as manufacturing, production and assembly, and custodial. Individuals with disabilities and other barriers to employment work with others in these jobs that are performed at either an area business or at a goodwill facility. Business services not only provides paid work opportunities for individuals in goodwill programs but also provides revenue to support both Goodwill Industries of the Valley Works and its parent company Goodwill Industries of the valleys, inc
Salvage - if donated items that are collected by the organization (see 4a above) cannot be sold in the retail stores, goodwill makes every effort to recycle these items through third-party companies. These items are sold on a per pound basis to these companies, which in turn recycle or reuse the product. Goodwill salvage operations provides critical revenues to support goodwill programs and both Goodwill Industries of the Valley Works and its parent company Goodwill Industries of the valleys, inc
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 1.00 hrs/week | $0 | $316,152 | $24,789 | $340,941 |
| CHIEF FINANCIAL OFFICER Officer, 1.00 hrs/week | $0 | $218,988 | $21,686 | $240,674 |
| CHIEF OPERATIONS OFFICER Officer, 40.00 hrs/week | $222,425 | $0 | $14,867 | $237,292 |
| CHIEF TRANSFORMATION OFFICER Officer, 1.00 hrs/week | $0 | $221,047 | $10,572 | $231,619 |
| VICE PRESIDENT, BUSINESS OPTIMIZATION Officer, 40.00 hrs/week | $150,148 | $0 | $4,596 | $154,744 |
| SENIOR VICE PRESIDENT Officer, 1.00 hrs/week | $0 | $148,129 | $4,444 | $152,573 |
| CHIEF PEOPLE OFFICER Officer, 1.00 hrs/week | $0 | $145,035 | $4,252 | $149,287 |
| SENIOR NETWORK ENGINEER Highest compensated employee, 1.00 hrs/week | $0 | $123,366 | $14,778 | $138,144 |
2 people received more than $100,000 in reportable compensation from Goodwill Industries of the Valley Works (Part VII, line 2). Compensation of current officers, directors and key employees totaled $392K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b18 · 18 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 51,420
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MERCHANTS DISTRIBUTORS LLC Freight services | $2,003,500 |
| MTAP INVESTMENTS LLC Rent | $587,769 |
| PTAP INVESTMENTS LLC Rent | $578,777 |
| TAP INVESTMENTS LLC Rent | $568,756 |
| WASTE MANAGEMENT OF BLUE RIDGE Garbage services | $533,958 |
Individuals listed as contractors are left out. 40 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Goodwill Industries of the Valley Works'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 the Valley Works, you can publish a response that is linked from this page.
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Of every $100 Goodwill Industries of the Valley Works spent in 2024, $94.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Ohel Childrens Home & Family ServicesBrooklyn, NY · revenue $104M · programs 84.4% · FY2025
- Trinity ServicesNew Lenox, IL · revenue $104M · programs 90.2% · FY2025
- The Givens EstatesAsheville, NC · revenue $103M · programs 88.6% · 2024
- The Home of the InnocentsLouisville, KY · revenue $105M · programs 82.3% · FY2025
- United States Veterans InitiativeLos Angeles, CA · revenue $103M · programs 85.2% · FY2025
All human services charities · Largest charities in Virginia
Questions people ask
How much of Goodwill Industries of the Valley Works's spending goes to programs?
In calendar year 2024, Goodwill Industries of the Valley Works reported that 94.7% of its $100.9 million in expenses went to program services, 5.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Goodwill Industries of the Valley Works pay its top executive?
The largest total compensation Goodwill Industries of the Valley Works reported for one person in calendar year 2024 was $340,941, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Goodwill Industries of the Valley Works get its money?
Of $104.2 million in revenue in calendar year 2024, 48.9% came from contributions and grants and 51.1% from program service revenue (Form 990, Part VIII).
Is Goodwill Industries of the Valley Works a registered charity?
The IRS lists EIN 27-0953369 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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, object 202513189349303506 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433169349304018 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333109349300898 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349309059 · read the filing
- 2020: Form 990 for calendar year 2020, object 202111349349301916 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032319349300708 · read the filing
All filings for EIN 27-0953369: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.