Goodwill Industries of Southern New England Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GOODWILL IS STRENGTHENING COMMUNITIES BY SUPPORTING INDIVIDUALS OF ALL ABILITIES THROUGH PERSON-CENTERED EMPLOYMENT, TRAINING AND SERVICES.
- Income
- $44.0 million
- Spending
- $40.6 million
- Spent on programs
- 91%
- Reserves
- 6.3 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 1,264
- Volunteers
- 542
- Highest pay
- $372,909, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100.
Reserves
28 of 35Spendable reserves would cover 6.3 months of spending.
Debt
10 of 20It owes 36% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 8% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 24 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2529 of 29 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $31.2 million spent. DONATED GOODS AND RETAIL PROGRAM SERVICES- THE ORGANIZATION UTILIZES RETAIL STORES TO PROVIDE ON-THE-JOB TRAINING TO PEOPLE WITH DISABILITIES, PEOPLE WITH DISADVANTAGES AND OTHERS HAVING A HARD TIME ATTAINING EMPLOYMENT. THE ORGANIZATION ACCEPTS CLOTHING AND OTHER HOUSEHOLD DONATED GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN THE COMMUNITY-BASED RETAIL STORES. REVENUE FROM THE SALES OF THESE GOODS GOES DIRECTLY TOWARD SUPPORTING AND GROWING CRITICAL COMMUNITY BASED PROGRAMS AND JOB PLACEMENT SERVICES.
- $5.6 million spent. PROGRAMMATIC SERVICES PRIMARILY FOCUSES ON EMPLOYMENT AND RELATED ACTIVITIES. SERVICES ARE PROVIDED FOR INDIVIDUALS OF ALL EDUCATIONAL LEVELS AND WORK EXPERIENCE. ADDITIONALLY, SERVICES ARE OFFERED THAT LEAD TO ENRICHED COMMUNITY PARTICIPATION, SOCIALIZATION AND /OR EDUCATIONAL SUCCESS. BASED ON INDIVIDUAL NEEDS, A PROGRAM MAY ALSO COMBINE BOTH AN EMPLOYMENT AND NON-EMPLOYMENT COMPONENT.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1957.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.