JEmploymentEIN: 560844639

Goodwill Industries of the Southern Piedmont INC

Charlotte, North Carolina

BHealth Score
61B

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 Org0.55×
Peer Median4.74×
💰
$88.4M
Total Revenue
📊
$89.2M
Total Expenses
🏦
$48.9M
Net Assets
📋
$66.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.6%
Year-over-year change (2022 → 2023)
Net Margin
-1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
57.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$88,375,4811%$89,234,37410%$115,000,9882%
2022$87,885,1526%$80,987,3063%$112,505,47847%
2021$82,780,75752%$78,352,82433%$76,574,2334%
2020$54,491,73410%$58,981,9593%$73,799,0583%
2019$60,492,6555%$60,662,5133%$76,467,2881%
2018$63,927,3023%$62,264,5892%$77,342,5841%
2017$61,841,8593%$60,874,3757%$76,810,113
2016$60,084,38312%$57,104,0639%$77,034,24112%
2015$53,792,0841%$52,445,4384%$68,999,26227%
2014$54,485,6509%$50,229,8629%$54,256,9757%
2013$50,205,8478%$46,230,18212%$50,705,36312%
2012$46,425,7237%$41,373,25812%$45,165,94130%
2011$43,563,434$36,776,239$34,756,971

Frequently Asked Questions

What does Goodwill Industries of the Southern Piedmont INC do?

Goodwill Industries of the Southern Piedmont INC is a employment nonprofit organization based in North Carolina. It is classified under NTEE code J32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries of the Southern Piedmont INC financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries of the Southern Piedmont INC has a score of 61/100 (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 the Southern Piedmont INC generate?

Goodwill Industries of the Southern Piedmont INC reports $93.5M in annual revenue and holds $130.3M in total assets, based on IRS filings.

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