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Goodwill Industries of Central North Carolina Inc

EIN 56-0862842 · Greensboro, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC.'S MISSION IS IMPROVING LIVES AND ENRICHING COMMUNITIES THROUGH THE POWER OF WORK

Income
$29.8 million
Spending
$26.0 million
Spent on programs
85%
Reserves
4 months of spending
Largest source of income
donations and private grants, 97%
Employees
825
Volunteers
1,796
Highest pay
$431,799, president and ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 72% of charities in its peer group (employment, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.0 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 13% of income.

  • Income trend

    15 of 15

    Income rose 5% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 41% of charities in its peer group (employment, $10m to $100m).

  • Independent board

    25 of 25

    19 of 19 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 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)
  1. $20.6 million spent. GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES 26 RETAIL STORES WHICH RECEIVE, PROCESS, AND SELL DONATED GOODS PROVIDED BY OVER 400,000 GENEROUS MEMBERS OF THE COMMUNITY IN ALAMANCE, CASWELL, ROCKINGHAM, RANDOLPH, AND GUILFORD COUNTIES. GOODWILL RETAIL STORES SERVED ALMOST 1.5 MILLION CUSTOMERS, GENERATING THE REVENUE WHICH PROVIDES THE MAJORITY OF FUNDING IN FURTHERING THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAMS. GOODWILL'S RECYCLING INITIATIVES HAVE EXPANDED TO OVER 20 PRODUCT LINES, ELIMINATING OVER 9 MILLION POUNDS OF PRODUCT FROM ENTERING LOCAL LANDFILLS. FURTHERING THE DEVELOPMENT OF OUR MARKET SHARE WITHIN THE CONTRIBUTED GOODS PROGRAM WILL ENSURE THE SUSTAINABILITY OF OUR MISSION FOR YEARS TO COME. AS AN EFFECTIVE RECYCLER OF GOODS, WE CONTINUE TO STRIVE TO BE THE BEST STEWARDS OF THE ENVIRONMENT THROUGH ENHANCEMENT OF GREEN INITIATIVES.
  2. $1.5 million spent. GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA IMPLEMENTS A VARIETY OF WORKFORCE DEVELOPMENT PROGRAMS AND SERVICES. THIS INCLUDES CAREER NAVIGATION, WORK READINESS AND DIGITAL LITERACY CLASSES, CREDENTIALED SKILLS TRAINING, AND CAREERS ON THE OUTSIDE (A CARF-ACCREDITED PROGRAM SUPPORTING INDIVIDUALS WITH JUSTICE-INVOLVEMENT AND A HISTORY OF CRIMINAL CONVICTION TO GET A SECOND CHANCE AT LIFE). OUR MISSION SERVED 3,053 INDIVIDUALS AND SUPPORTED 340 COMPETITIVE JOB PLACEMENTS. THE AVERAGE JOB PLACEMENT PAID $16.49 PER HOUR AT ENTRY, AND 66% ALL PLACEMENTS WERE PERMANENT, FULL-TIME POSITIONS. OVER 7,700 UNIQUE SERVICES WERE PROVIDED TO THE COMMUNITY; 33% OF SERVICES WERE IN THE FORM OF WORK-READINESS CLASSES, WORKSHOPS, AND SKILLED TRAINING, 31% WERE ONE-ON-ONE CAREER COACHING OR CASE MANAGEMENT ACTIVITIES, 25% WERE EMPLOYMENT PREPARATION SERVICES SUCH AS RESUME DEVELOPMENT, MOCK INTERVIEWING PRACTICE, OR JOB SEARCH ASSISTANCE, 6% WAS ATTENDANCE AT EVENTS, 3% WERE SUPPORT SERVICES SUCH AS TUITION SCHOLARSHIPS AND VOUCHERS FOR CLOTHING AND/OR TRANSPORTATION ASSISTANCE, AND 2% WERE SKILLS ASSESSMENTS OR TESTING ACTIVITIES. THE ORGANIZATION IS COMMITTED TO ADDRESSING URGENT SERVICE GAPS THROUGH INNOVATION AND COLLABORATION. IN RESPONSE, PROGRAM ACTIVITIES ARE BEING OFFERED AT COMMUNITY LOCATIONS WHERE INDIVIDUALS ARE RECEIVING SERVICES FROM PARTNER AGENCIES, WHILE PROGRAMMING FOR INDIVIDUALS WITH JUSTICE-INVOLVEMENT CONTINUES TO BE EXPANDED. SKILLED TRAINING PROGRAMS INCLUDE CONSTRUCTION, CLASS A CDL, AND HVAC. VIRTUAL SERVICES, WORKSHOPS, MICROLESSONS, AND OTHERS CONTINUE TO MEET UNMET NEEDS AS THEY COMPLEMENT IN-PERSON PROGRAMMING AND INCREASE ACCESS THROUGHOUT THE REGION. A MOBILE UNIT WAS ROLLED OUT TO SERVE RURAL COMMUNITIES, EMPHASIZING DIGITAL LITERACY SKILLS AND ACCESS. CAREER NAVIGATION IS PROVIDED TO JOB SEEKERS AND GOODWILL EMPLOYEES ALIKE, ARMING PEOPLE WITH THE INFORMATION AND RESOURCES THEY NEED TO TAKE CONTROL OF THEIR CAREER PATHWAYS. THOUGHTFUL AND PRODUCTIVE PARTNERSHIPS WITH BUSINESS LEADERS, SERVICE PROVIDERS, AND MEMBERS OF THE COMMUNITY WHO SHARE OUR VISION IS EMPHASIZED THROUGH ALL WORKFORCE DEVELOPMENT SERVICE PLANNING AND DELIVERY.
  3. COST OF FOOD AND BEVERAGES SOLD DEDUCTED IN PART VIII, FORM 990

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1967.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.