Goodwill Industries of Nw North Carolina Inc
2701 University Pkwy, Winston Salem, NC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $94,124,683 | $94,294,630 | $137,401,289 |
| FY2023 | $89,985,428 | $83,866,428 | $137,266,772 |
| FY2022 | $83,533,889 | $75,154,700 | $130,886,068 |
| FY2021 | $93,722,591 | $69,767,053 | $122,548,006 |
| FY2020 | $64,178,762 | $64,377,408 | $98,606,733 |
| FY2019 | $71,498,911 | $72,208,279 | $98,706,731 |
| FY2018 | $66,342,168 | $63,929,502 | $99,416,099 |
| FY2017 | $64,787,230 | $62,994,450 | $97,003,433 |
| FY2016 | $60,778,132 | $59,810,643 | $95,210,653 |
| FY2015 | $62,870,548 | $61,722,031 | $94,243,164 |
| FY2014 | $64,404,642 | $59,033,713 | $93,094,647 |
| FY2013 | $64,235,735 | $61,122,949 | $87,724,254 |
| FY2012 | $59,866,807 | $53,603,122 | $84,611,468 |
| FY2011 | $55,569,608 | $51,681,667 | $78,347,783 |
Form 990 filings
The returns filed by Goodwill Industries of Nw North Carolina Inc (EIN 56-0588474), 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 | $24,917,355 | 26% |
| Program service revenue | $5,783,903 | 6% |
| Other revenue | $63,423,425 | 67% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $78,578,315 | 83% |
| Management & general | $14,901,508 | 16% |
| Fundraising | $814,807 | 1% |
What the numbers show
- Other revenue made up 67% of total revenue in FY2024.
- Program services accounted for 83% of functional expenses, management & general 16%, and fundraising 1%.
- 83% of functional expenses went to program services in FY2024. That is higher than 28.8% of 333 Employment organizations nationwide (too few in NC for a state comparison).
- Net assets covered about 17.5 months of expenses at the end of the reporting year. That puts it in the 62nd percentile among 114 Employment organizations in NC.
- Total revenue was the highest among 118 Employment organizations in NC.
- Total revenue rose from $55,569,608 in FY2011 to $94,124,683 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2019, FY2020, FY2024).
- Net assets grew from $78,347,783 to $137,401,289 between FY2011 and 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
HELPING THE DISABLED AND OTHERS OVERCOME BARRIERS TO EMPLOYMENT AND ACHIEVE INDEPENDENCE.
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). |
Similar organizations
- Goodwill Industries of the Southern Piedmont Inc — Charlotte, NC · $101,824,926
- Goodwill Industries of Eastern North Carolina Inc — Durham, NC · $52,099,807
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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