Goodwill Industries of Southwest Florida Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GOODWILL INDUSTRIES OF SOUTHWEST FLORIDA IS COMMITTED TO SERVING PEOPLE WITH DISABILITIES AND DISADVANTAGES BY OFFERING LIFE-CHANGING OPPORTUNITIES TO ACHIEVE INDEPENDENCE.
- Income
- $58.0 million
- Spending
- $56.4 million
- Spent on programs
- 92%
- Reserves
- 2.1 months of spending
- Largest source of income
- donations and private grants, 91%
- Employees
- 1,659
- Volunteers
- 406
- Highest pay
- $407,988, president/ceo
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 30% of charities in its peer group (employment, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 2.1 months of spending.
Debt
5 of 20It owes 55% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 1 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. Higher than 41% of charities in its peer group (employment, $10m to $100m).
Independent board
25 of 2512 of 12 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 (9)
- $42.8 million spent. RETAIL STORE OPERATIONS: GOODWILL OPERATES THRIFT STORES IN THE LOCAL FIVE COUNTY AREA WHICH SELL DONATED AND PURCHASED GOODS. THESE STORES PROVIDE JOBS AND TRAINING AS WELL AS ASSISTANCE AND AFFORDABLE GOODS TO THE LOCAL AREA'S RESIDENTS. IN ADDITION TO THE $2,191,065 NET INCOME RESULTING FROM THE SALE OF PURCHASED GOODS AS REFLECTED ON FORM 990, PAGE 9, PART VIII, LINE 10, THE ORGANIZATION RECEIVED $43,834,476 OF DONATED GOODS RELATED TO THIS PROGRAM DURING THE YEAR WHICH ARE REFLECTED WITHIN NONCASH CONTRIBUTIONS ON FORM 990, PAGE 9, PART VIII, LINE 1G.
- $3.1 million spent. TRAINING AND EMPLOYMENT: THE ORGANIZATION PROVIDES SEVERAL TRAINING AND EMPLOYMENT PROGRAMS TO PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES. THE PROGRAMS PROVIDE EDUCATION, TRAINING, PLACEMENT, AND OTHER VOCATIONAL SUPPORT FOR THE TARGET POPULATIONS.
- $2.6 million spent. E-COMMERCE: GOODWILL OPERATES AN E-COMMERCE SELLING PROGRAM WHICH LISTS USED GOODS, BOOKS AND COMPUTERS AS WELL AS HIGH END DONATED GOODS FOR SALE. IN ADDITION TO THE $898,405 OF DELIVERY INCOME GENERATED THROUGH THE PROGRAM, THE ORGANIZATION RECEIVED $ 2,688,438 OF DONATED GOODS RELATED TO THIS PROGRAM DURING THE YEAR WHICH ARE REFLECTED WITHIN NONCASH CONTRIBUTIONS ON FORM 990, PAGE 9, PART VIII, LINE 1G.
- $1.7 million spent. SALVAGE AND RECYCLING
- $1.1 million spent. CONTRACT SERVICES
- $712,556 spent. MAINTENANCE
- (Expenses $ 1,745,131 including grants of $ 0)(Revenue $ 0) SALVAGE AND RECYCLING
- (Expenses $ 1,087,583 including grants of $ 0)(Revenue $ 710,786) CONTRACT SERVICES
- (Expenses $ 712,556 including grants of $ 0)(Revenue $ 0) MAINTENANCE
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1967.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.