JEmploymentEIN: 381362823· Ruling Year: 1935

Goodwill Industries Of Greater Detroit

Detroit, Michigan

BHealth Score
64B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.63×
Peer Median4.74×
💰
$29.1M
Total Revenue
📊
$30.5M
Total Expenses
🏦
$19.1M
Net Assets
📋
$28.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.4%
Year-over-year change (2022 → 2023)
Net Margin
-4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.63
Net assets divided by total expenses
Liabilities-to-Assets
60.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$29,105,4916%$30,537,55413%$47,908,22317%
2022$27,343,691$27,036,29111%$41,113,77533%
2021$27,244,51245%$24,248,82418%$30,814,7933%
2020$18,814,93411%$20,628,69713%$31,835,6901%
2019$21,099,6396%$23,840,0417%$31,561,3635%
2018$19,983,9275%$22,301,01813%$30,067,7471%
2017$21,014,1085%$19,798,0774%$29,896,2301%
2016$22,232,17811%$19,039,6257%$30,096,34321%
2015$19,943,82818%$17,713,96019%$24,829,4224%
2014$16,929,43910%$14,886,30311%$23,974,9975%
2013$15,373,7486%$13,385,30813%$22,768,83812%
2012$14,540,4513%$11,865,6651%$20,379,7329%
2011$14,102,866$11,978,982$18,729,512

Frequently Asked Questions

What does Goodwill Industries Of Greater Detroit do?

Goodwill Industries Of Greater Detroit is a employment nonprofit organization based in Michigan. It is classified under NTEE code J32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries Of Greater Detroit financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries Of Greater Detroit has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Goodwill Industries Of Greater Detroit generate?

Goodwill Industries Of Greater Detroit reports $30.2M in annual revenue and holds $53.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Michigan.