PHuman ServicesEIN: 541821538· Ruling Year: 1998

Goodwill Services Inc

Richmond, Virginia

DHealth Score
29D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.01×
Peer Median7.39×
💰
$10.7M
Total Revenue
📊
$10.7M
Total Expenses
🏦
$113K
Net Assets
📋
$3.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.1%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
96.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,716,0254%$10,716,0254%$3,526,1564%
2022$11,173,7393%$11,173,7393%$3,379,79531%
2021$11,570,0822%$11,570,0823%$4,923,731162%
2020$11,856,0273%$11,942,4983%$1,877,77467%
2019$11,483,8651%$11,546,7294%$5,750,18994%
2018$11,392,5901%$12,009,6187%$2,969,39623%
2017$11,459,1851%$11,204,5322%$3,851,05651%
2016$11,303,79741%$10,953,75436%$2,550,72929%
2015$8,037,85821%$8,037,85822%$3,588,37667%
2014$6,619,9178%$6,612,4858%$2,143,0963%
2013$6,126,92029%$6,126,92029%$2,075,48433%
2012$4,764,42911%$4,764,42912%$3,109,02331%
2011$4,303,196$4,256,750$2,381,780

Frequently Asked Questions

What does Goodwill Services Inc do?

Goodwill Services Inc is a human services nonprofit organization based in Virginia. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Services Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Services Inc has a score of 29/100 (Grade: D). 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 Services Inc generate?

Goodwill Services Inc reports $11.4M in annual revenue and holds $4.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Virginia.