Goodwill Industries of Eastern North Carolina Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To create and provide education, employment, and life enrichment opportunities for people who desire to improve the quality of their lives
- Income
- $52.1 million
- Spending
- $33.6 million
- Spent on programs
- 86%
- Reserves
- -0.1 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 1,097
- Volunteers
- 0
- Highest pay
- $777,692, 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
Fair: 55 out of 100. Higher than 31% of charities in its peer group (employment, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
15 of 15Income exceeded spending by 35% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 0 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: 92 out of 100. Higher than 31% of charities in its peer group (employment, $10m to $100m).
Independent board
25 of 258 of 8 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
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 (3)
- $26.6 million spent. Employment - GIENC served 1090 persons through employment within its 42 Employment Program Centers across the greater Triangle, Sandhills and eastern North Carolina. Persons served received 22,637 hours of professional development. Employees within Employment Program Centers earned a wage and benefit package exceeding $33 per hour in 2024. GIENC's cultural Immersion program placed 26 refugees into employment.
- $1.1 million spent. Education - GIENC provided educational opportunities to 5,197 learners within local and regional communities throughout eastern North Carolina via its online learning platform. Two Science, Technology, Engineering, Arts & Mathematic (STEAM) labs were designed and built for local youth based organizations serving 770 youth. GIENC's CARF accredited Accelerated Career Training program graduated 222 individuals who were awarded over $5,750 in stipends upon graduation. Mobile STEAM boxes were deployed to 13 partner sites across eastern North Carolina serving 1,091 youth. 60 workshops and 15 clinics were conducted teaching workforce development skills.
- $1.1 million spent. Life Enrichment - GIENC has provided $1,525,000 in grants to local and regional nonprofits through its Agency Empowerment Program including $200,000 for emergency disaster relief. GIENC Feeds program served over 8,000 individuals through the distribution of $130,000 in food vouchers, 70,500 pounds of food and 4,700 food boxes.
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 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 December 1964.
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.