JEmploymentEIN: 741238443· Ruling Year: 1957

Heart Of Texas Goodwill Industries

Waco, Texas

AHealth Score
88A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.37×
Peer Median4.74×
💰
$28.3M
Total Revenue
📊
$20.6M
Total Expenses
🏦
$48.8M
Net Assets
📋
$15.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.5%
Year-over-year change (2022 → 2023)
Net Margin
+27.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.37
Net assets divided by total expenses
Liabilities-to-Assets
23.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$28,294,99230%$20,569,94423%$64,055,10420%
2022$21,842,43814%$16,692,17513%$53,279,9011%
2021$25,419,313105%$14,781,97123%$52,546,08635%
2020$12,405,7582%$12,037,8853%$39,036,08318%
2019$12,630,2351%$11,679,8613%$33,007,3611%
2018$12,715,0124%$12,079,4291%$32,524,4142%
2017$12,271,3902%$11,990,0953%$33,324,5083%
2016$12,465,8661%$12,312,2993%$32,223,0642%
2015$12,546,6026%$11,906,4833%$31,623,872
2014$13,315,7346%$11,615,9718%$31,696,8814%
2013$12,525,7154%$10,792,8737%$30,565,19315%
2012$11,995,5112%$10,131,9504%$26,519,7217%
2011$11,722,109$9,725,140$24,768,358

Frequently Asked Questions

What does Heart Of Texas Goodwill Industries do?

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

Is Heart Of Texas Goodwill Industries financially healthy?

Based on our 9-metric Financial Health Score model, Heart Of Texas Goodwill Industries has a score of 88/100 (Grade: A). 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 Heart Of Texas Goodwill Industries generate?

Heart Of Texas Goodwill Industries reports $26.2M in annual revenue and holds $72.7M in total assets, based on IRS filings.

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