GOODWILL OF COLORADO
1460 GARDEN OF THE GODS RD, COLORADO SPGS, CO · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $183,439,925 | $162,454,925 | $196,202,939 |
| FY2023 | $173,456,559 | $156,580,791 | $175,210,205 |
| FY2022 | $171,505,060 | $144,266,004 | $158,330,025 |
| FY2021 | $166,583,403 | $132,388,110 | $130,964,187 |
| FY2020 | $113,931,754 | $117,930,302 | $96,768,894 |
| FY2019 | $140,830,347 | $91,513,882 | $100,717,049 |
| FY2018 | $53,288,023 | $47,945,449 | $51,406,960 |
| FY2017 | $47,802,097 | $43,298,069 | $45,968,786 |
| FY2016 | $44,960,790 | $42,390,119 | $41,357,119 |
| FY2015 | $44,145,190 | $41,179,448 | $38,665,803 |
| FY2014 | $43,728,500 | $39,250,263 | $35,707,666 |
| FY2013 | $38,281,281 | $35,636,460 | $31,613,607 |
| FY2012 | $34,354,875 | $32,622,079 | $28,598,215 |
| FY2011 | $39,344,890 | $28,943,181 | $26,877,965 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $91,290,147 | 78% |
| Program service revenue | $25,993,209 | 22% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $147,305,766 | 91% |
| Management & general | $15,149,159 | 9% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 78% of total revenue in FY2024.
- Program services accounted for 91% of functional expenses, management & general 9%, and fundraising 0%.
- 91% of functional expenses went to program services in FY2024. That is higher than 68.6% of 334 Employment organizations nationwide (too few in CO for a state comparison).
- Net assets covered about 14.5 months of expenses at the end of the reporting year. That puts it in the 59th percentile among 83 Employment organizations in CO.
- Total revenue was higher than 101.2% of 83 Employment organizations in CO.
- Total revenue rose from $39,344,890 in FY2011 to $183,439,925 in FY2024, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2020).
- Net assets grew from $26,877,965 to $196,202,939 between FY2011 and FY2024.
- Contributions and grants made up 39% of revenue in FY2011 and 50% in FY2024.
- Donations are generally tax-deductible (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
GOODWILL OF COLORADO IS ONE PART OF THREE CONSOLIDATED ENTITIES (FOUNDATION & GOODWILL INDUSTRIAL SERVICES CORP.) DEDICATED TO HELPING ELEVATE THE LIVES OF INDIVIDUALS
IRS status
| Ruling year | 1963 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | J32Z — Employment |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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