Wabash Valley Goodwill Industries
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GOODWILL INDUSTRIES IS A NONPROFIT PROVIDER OF EMPLOYMENT AND OTHER CRITICAL COMMUNITY BASED SERVICES FOR PEOPLE WHO HAVE A DISABILITY, PEOPLE WHO LACK EDUCATION OR JOB EXPERIENCE, HOUSEHOLDS FACINGS ECONOMIC CHALLENGES, AND OTHERS IN NEED.
- Income
- $9.2 million
- Spending
- $8.6 million
- Spent on programs
- 82%
- Reserves
- 11.5 months of spending
- Largest source of income
- donations and private grants, 48%
- Employees
- 337
- Highest pay
- $166,791, president an
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 71% of charities in its peer group (employment, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 11.5 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 11% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 70 out of 100. Higher than 17% of charities in its peer group (employment, $1m to $10m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
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, 2025, 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 (3)
- $138,516 spent. WABASH VALLEY GOODWILL MAXIMIZES DONATED GOODS THROUGH AN AFTER-MARKET COMMODITIES PROGRAM THAT SUPPORTS MISSION FUNDING AND ENVIRONMENTAL SUSTAINABILITY. UNSOLD ITEMS ARE RESPONSIBLY SORTED AND DIRECTED TO APPROVED SECONDARY MARKETS, INCLUDING TEXTILES, SOFTLINES, ELECTRONICS, AND OTHER HARD GOODS, EXTENDING PRODUCT LIFECYCLES WHILE GENERATING REVENUE FOR JOB POSITIONS, TRAININGS, DEVELOPMENT PROGRAMS, EMPLOYMENT AND EDUCATIONAL SERVICES. IN 2025, 2,160,219 POUNDS OF MATERIALS WERE DIVERTED TO APPROVED VENDORS, REDUCING LANDFILL WASTE. ADDITIONALLY, THROUGH THE DELL RECONNECT PROGRAM, 53,529 POUNDS OF ELECTRONIC SCRAP WERE RESPONSIBLY RECYCLED. THESE EFFORTS CREATE SUSTAINABLE FUNDING FOR WORKFORCE DEVELOPMENT WHILE ADVANCING ENVIRONMENTAL STEWARDSHIP AND WASTE REDUCTION.
- $6.9 million spent. GOODWILL INDUSTRIES IS A NONPROFIT PROVIDER OF EMPLOYMENT AND OTHER CRITICAL COMMUNITY BASED SERVICES FOR PEOPLE WHO HAVE A DISABILITY, PEOPLE WHO LACK EDUCATION OR JOB EXPERIENCE, HOUSEHOLDS FACINGS ECONOMIC CHALLENGES, AND OTHERS IN NEED.
- GOODWILL INDUSTRIES IS A NONPROFIT PROVIDER OF EMPLOYMENT AND OTHER CRITICAL COMMUNITY BASED SERVICES FOR PEOPLE WHO HAVE A DISABILITY, PEOPLE WHO LACK EDUCATION OR JOB EXPERIENCE, HOUSEHOLDS FACINGS ECONOMIC CHALLENGES, AND OTHERS IN NEED.
Source: Form 990 for the year ending December 31, 2025, 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 November 6, 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 2025.
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 September 1942.
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 November 4, 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.