Overview
What is Goodwill Industries Of Houston?
Goodwill Industries of Houston (GWH) is a local, autonomous nonprofit corporation headquartered in Houston, Texas. They operate within the community, dedicated to offering rehabilitation services, training, placement, and employment opportunities for individuals with disabilities and those with special needs. In 2022, GWH managed 47 retail stores, which sold gently used clothing, furniture, household goods, and other items to the community at affordable prices. These sales generated revenue that funded job creation and training programs, providing employment for a total of 2,192 individuals throughout the year, including staff engaged in workforce development and recycling operations. With a focus on creating opportunities for underrepresented populations, GWH not only offers employment but also contributes significantly to the community, generating estimated contributions of donated goods totaling 86.75 million dollars. With a workforce of approximately 4,235 employees, GWH's mission remains steadfast in empowering individuals to achieve their full potential.
Official website here: www.goodwillhouston.org
What are the reviews and ratings of this charity?
Charity Navigator rates Goodwill Industries Of Houston with a Three-Star out of Four Star rating, reflecting an overall score of 77%. This score is derived entirely from the Accountability & Finance category, indicating a strong emphasis on transparency and responsible financial management. The organization benefits from a high percentage of independent board members and solid policies related to conflict of interest, whistleblower protections, and financial oversight.
One of the notable strengths of Goodwill Industries Of Houston is its impressive program expense ratio of 95.11%, suggesting that a significant portion of its funds is directed towards its charitable programs. Additionally, the charity maintains a comprehensive framework for accountability, as evidenced by well-documented governance policies and the absence of material diversions of assets. These factors contribute positively to its reputation and trustworthiness.
However, some areas may require attention, particularly regarding its liabilities to assets ratio and fundraising efficiency, both of which received low scores. The organization has a working capital ratio of only 0.16 years, indicating potential liquidity concerns. While the charity demonstrates strong performance in several governance aspects, these financial metrics highlight some limitations that could affect its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Houston legitimate?
Goodwill Industries Of Houston is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Houston submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,966,966
For more financial information, click here
Official website here: www.goodwillhouston.org
What is the mission statement of Goodwill Industries Of Houston?
Goodwill Industries of Houston is a community-based non-profit corporation that offers rehabilitation services, training, placement, and employment opportunities for individuals with disabilities and those with special needs. Through its autonomous structure, the organization provides essential resources to help these individuals gain independence and improve their quality of life.
In 2022, Goodwill Industries of Houston operated 47 retail stores, offering gently used clothing, furniture, household goods, and various items to the community at affordable prices. These stores generated significant revenue, which was primarily used to fund job creation and training programs. The revenue generated did not include the estimated value of donated goods, which amounted to approximately 86.8 million dollars.
By providing employment opportunities, Goodwill Industries of Houston enables individuals to gain valuable work experience and skills, allowing them to become self-sufficient and contribute to their communities. Additionally, the organization's commitment to inclusivity ensures that those facing unique challenges have access to the resources they need to reach their full potential.
Official website here: www.goodwillhouston.org
Who is the CEO of Goodwill Industries Of Houston?
Robert T Woods is the President & of Goodwill Industries Of Houston.
Official website here: www.goodwillhouston.org
What is the revenue of Goodwill Industries Of Houston?
Goodwill Industries Of Houston's revenue in 2022 was $210,503,736.
Official website here: www.goodwillhouston.org
Who are the executives of Goodwill Industries Of Houston and what are their salaries?
The average compensation at Goodwill Industries Of Houston during 2022 was $11,326. There are 4235 employees and 2564 volunteers at Goodwill Industries Of Houston.
Here are 30 key members and their salaries:
- Compensation: $904,675
- Related: $0
- Other: $0
- Compensation: $482,507
- Related: $0
- Other: $0
- Compensation: $453,658
- Related: $0
- Other: $0
- Compensation: $325,749
- Related: $0
- Other: $0
- Compensation: $311,027
- Related: $0
- Other: $0
- Compensation: $250,463
- Related: $0
- Other: $0
- Compensation: $186,762
- Related: $0
- Other: $0
- Compensation: $140,639
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goodwillhouston.org
Where can I find the form 990 for Goodwill Industries Of Houston?
Goodwill Industries Of Houston's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillhouston.org
Learn more at the official website: www.goodwillhouston.org
Mission Statement of Goodwill Industries Of Houston
Goodwill Industries of Houston (GWH) is a community-based nonprofit corporation that offers rehabilitation services, training, placement, and employment opportunities for individuals with disabilities and those with special needs. In their mission to make a difference, GWH ran 47 retail stores in 2022, providing employment to 2,192 individuals throughout the year. These stores offered the community affordable options to purchase gently used clothing, furniture, household goods, and other items. The revenues generated from these sales helped fund job creation and training programs. While the revenues from donated goods amounted to approximately 86.7 million dollars, they were not included in the given total revenue figure. If these donations were added, the total revenues would have reached 290.7 million dollars. The workforce at Goodwill Industries of Houston included not only the employed individuals but also a small team of staff engaged in workforce development and recycling operations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Goodwill Industries of Houston significantly contributes to the local community by providing rehabilitation services, training, and employment opportunities for individuals with disabilities and those with special needs. In 2022, it operated 47 retail stores across the area, employing 2,192 individuals. These stores offered gently used clothing, furniture, and household goods at affordable prices, ensuring accessibility for community members while generating crucial revenue that supports job creation and training initiatives.
Furthermore, the organization received an estimated $86.7 million in donated goods, showcasing the community's support and engagement. When including these contributions, the total revenue reached approximately $290.7 million, underscoring the financial impact Goodwill Industries of Houston has in facilitating employment and training programs. By focusing on empowering individuals, the organization not only enhances workforce development but also fosters a more inclusive society in Houston.
This information is meant to be a general summary of Goodwill Industries Of Houston. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,427
- Program Service Revenue: $119,180,471
- Gross Receipts: $210,721,831
Assets and Liabilities:
- Total Assets: $95,040,916
- Total Liabilities: $68,095,164
- Net Assets: $26,945,752
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES - STORES
Revenue
$116,047,370
EMPLOYMENT, EDUCATION, TRAINI
Revenue
$3,133,101
Organization Details
Founding Year
1945
Phone
(713) 692-6221Principal Officer
Robert T Woods
Main Address
1140 WEST LOOP NORTH, HOUSTON, TX, 77055
Website
www.goodwillhouston.orgNTEE Category
Code: J32Z - Employment
If you are a representative of Goodwill Industries Of Houston and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.