Davis Memorial Goodwill Industries
1140 3rd St NE Ste 350, Washington, DC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $81,289,662 | $79,685,905 | $21,958,216 |
| FY2023 | $75,074,293 | $69,346,411 | $30,426,524 |
| FY2022 | $67,334,398 | $64,616,512 | $23,744,901 |
| FY2021 | $64,782,996 | $59,747,662 | $22,636,587 |
| FY2020 | $46,197,376 | $52,566,068 | $17,212,012 |
| FY2019 | $59,138,522 | $56,151,299 | $23,003,733 |
| FY2018 | $52,647,394 | $50,905,238 | $18,951,292 |
| FY2017 | $47,875,812 | $48,040,063 | $17,609,779 |
| FY2016 | $45,831,762 | $45,551,299 | $17,155,804 |
| FY2015 | $41,989,370 | $40,940,763 | $16,603,417 |
| FY2014 | $40,654,603 | $37,917,982 | $15,843,007 |
| FY2013 | $37,476,055 | $35,360,848 | $13,941,520 |
| FY2012 | $33,716,400 | $31,314,810 | $11,557,899 |
| FY2011 | $32,388,897 | $29,741,802 | $8,901,287 |
Form 990 filings
The returns filed by Davis Memorial Goodwill Industries (EIN 53-0196588), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $19,319,490 | 24% |
| Program service revenue | $17,124,878 | 21% |
| Other revenue | $44,845,294 | 55% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $73,228,718 | 92% |
| Management & general | $5,351,465 | 7% |
| Fundraising | $1,105,722 | 1% |
What the numbers show
- Other revenue made up 55% of total revenue in FY2024.
- Program services accounted for 92% of functional expenses, management & general 7%, and fundraising 1%.
- 92% of functional expenses went to program services in FY2024. That is higher than 79% of 333 Employment organizations nationwide (too few in DC for a state comparison).
- Net assets covered about 3.3 months of expenses at the end of the reporting year. That puts it in the 16th percentile among 89 Employment organizations in DC.
- Total revenue was higher than 96.7% of 91 Employment organizations in DC.
- Total revenue rose from $32,388,897 in FY2011 to $81,289,662 in FY2024. Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2017, FY2020).
- Net assets grew from $8,901,287 to $21,958,216 between FY2011 and FY2024.
- Contributions and grants made up 17% of revenue in FY2011 and 24% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 1942 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | J32Z — Employment |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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