Goodwill Industries of New Mexico
Goodwill Industries of New Mexico reported $37.3 million in revenue and $36.3 million in expenses for calendar year 2025. Of every $100 it spent, $88.19 went to program services, $11.81 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: 76.2% of the total. Government grants made up 11.8%. The highest compensation it reported for one person was $303,313 (PRESIDENT & CEO). 5 people received more than $100,000 in reportable compensation. Revenue rose 57% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $36MFor context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $37MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.2% | 88.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.8% | 10.9% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.6% | 22.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.8% | 1.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 76.2% | 62.6% |
| Highest reported compensation Part VII-A, columns D–F | $303,313 | $297,435 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.84% | 1.26% |
| People paid over $100,000 Part VII, line 2 | 5 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.1 | 8.1 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 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
2025 · Form 990, Part III · the three largest programs by expenseDuring 2025, ginm served 23,492 individuals in these programs and placed 1,473 of those individuals into community-based employment. Ginm has retail stores and program staff in albuquerque, bernalillo, rio rancho, los lunas, santa fe, gallup, farmington, roswell, clovis, espanola, and carlsbad, at which donations of new or gently used items are accepted from the public. Donations are processed and sold in goodwill stores. Items not sold are recycled. Revenue from stores and recycling operations fund goodwill programs and services in all 33 counties of New Mexico. Specific programs and…
Highest reported compensation
2025 · 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, 60.00 hrs/week | $278,267 | $0 | $25,046 | $303,313 |
| EXECUTIVE VICE PRESIDENT (UNTIL 8/25) Officer, 45.00 hrs/week | $148,560 | $37,308 | $18,923 | $204,791 |
| CHIEF MARKETING & DEV. OFFICER Officer, 50.00 hrs/week | $136,639 | $0 | $7,730 | $144,369 |
| CHIEF MISSION OFFICER Officer, 50.00 hrs/week | $119,069 | $0 | $6,819 | $125,888 |
| SENIOR VICE PRESIDENT, OPERATIONS Officer, 55.00 hrs/week | $117,706 | $0 | $1,449 | $119,155 |
5 people received more than $100,000 in reportable compensation from Goodwill Industries of New Mexico (Part VII, line 2). Compensation of current officers, directors and key employees totaled $888K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · 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–1b14 · 14 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 51,322
- Volunteers Part I, line 614
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| GW BLUEWATER DEVELOPMENT LLC Construction contractor | $4,386,457 |
| NGAGE STRATEGIC MANAGEMENT Stategic adisory, operational support | $258,270 |
| 3 ADVERTISING LLC Advertising and marketing services | $159,562 |
| PAYLOCITY CORPORATION Payroll service provider | $153,712 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Goodwill Industries of New Mexico totaling $200 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 New Mexico'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 New Mexico, you can publish a response that is linked from this page.
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Of every $100 Goodwill Industries of New Mexico spent in 2025, $88.19 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Goodwill Industries of Mid-MichiganFlint, MI · revenue $37M · programs 92.0% · 2025
- Fora PathwaysGarden City, NY · revenue $37M · programs 84.2% · FY2025
- Puerto Rico Industries for the BlindMayaguez, PR · revenue $37M · programs 87.2% · 2024
- Center Industries CorporationWichita, KS · revenue $38M · programs 94.9% · FY2025
- St Vincent Depaul Rehabilitation Service of TexasAustin, TX · revenue $37M · programs 74.9% · 2024
Questions people ask
How much of Goodwill Industries of New Mexico's spending goes to programs?
In calendar year 2025, Goodwill Industries of New Mexico reported that 88.2% of its $36.3 million in expenses went to program services, 11.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Goodwill Industries of New Mexico pay its top executive?
The largest total compensation Goodwill Industries of New Mexico reported for one person in calendar year 2025 was $303,313, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Goodwill Industries of New Mexico get its money?
Of $37.3 million in revenue in calendar year 2025, 20.6% came from contributions and grants (including 11.8% from government grants) and 76.2% from program service revenue (Form 990, Part VIII).
Is Goodwill Industries of New Mexico a registered charity?
The IRS lists EIN 85-0107916 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, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202611359349302081 · read the filing · XML
- 2024: Form 990 for calendar year 2024, object 202511539349300431 · read the filing
- 2023: Form 990 for calendar year 2023, object 202441219349301569 · read the filing
- 2022: Form 990 for calendar year 2022, object 202331319349307773 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212139349300826 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133129349301338 · read the filing
- 2019: Form 990 for calendar year 2019, object 202001539349301865 · read the filing
All filings for EIN 85-0107916: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.