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Goodwill Industries of Central Texas

EIN 74-1322808 · Austin, TX

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

LegitimacyPassesRegistration and standingFinancial healthWeak42 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OUR MISSION IS TO TRANSFORM LIVES THROUGH THE POWER OF EDUCATION AND WORK. WE ENVISION A CENTRAL TEXAS WHERE EVERYONE HAS THE OPPORTUNITY TO THRIVE.

Income
$206.1 million
Spending
$202.0 million
Spent on programs
90%
Reserves
-0.2 months of spending
Largest source of income
fees for its services, 51%
Employees
2,942
Volunteers
40
Highest pay
$432,087, chairman & 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

Weak: 42 out of 100. Higher than 17% of charities in its peer group (employment, over $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 60% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

  • Income trend

    10 of 15

    Income fell 0% on the year before.

  • Spending floor

    15 of 15

    90% 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

Good: 85 out of 100. Higher than 0% of charities in its peer group (employment, over $100m).

  • Independent board

    25 of 25

    14 of 14 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

    0 of 15

    Its accounts were not audited or reviewed 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 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)
  1. $152.3 million spent. ASSISTED EMPLOYMENT RETAILGOODWILL RETAIL LOCATIONS GENERATE OVER 57.6% OF THE TOTAL REVENUE NEEDED TO FUND EDUCATION, CAREER TRAINING AND JOB PLACEMENT FOR MARGINALIZED INDIVIDUALS. THESE STORES FUNCTION AS EMPLOYMENT SITES, OFFERING TRAINING, WORK EXPERIENCE AND INCOME FOR PEOPLE FACING EMPLOYMENT CHALLENGES. SELECT STORES HOUSE CAREER CENTERS THAT PROVIDE CAREER SERVICES AND ACCESS TO EDUCATION AND TRAINING. GOODWILL ALSO OFFERS PERSONALIZED COACHING TO RETAIL TEAM MEMBERS, HELPING THEM MEET BASIC NEEDS, SET CAREER GOALS, AND ACQUIRE THE SKILLS NECESSARY TO ACHIEVE THEM. IN 2024, GOODWILL RETAIL LOCATIONS PROVIDED EMPLOYMENT TO 1,999 PEOPLE, OF WHICH 1,227 RECEIVED EDUCATION, CAREER TRAINING, AND JOB ASSISTANCE.
  2. $24.1 million spent. SERVICES AND EDUCATIONIN 2024, GOODWILL TRANSFORMED THE LIVES OF 9,343 CENTRAL TEXANS THROUGH EDUCATION AND WORK BY PROVIDING OPPORTUNITIES FOR PEOPLE WHO FACE OBSTACLES TO SUSTAINABLE EMPLOYMENT SUCH AS DISABILITIES, LACK OF EDUCATION, HOMELESSNESS, CRIMINAL BACKGROUNDS, AND YOUTH LACKING OPPORTUNITY. PEOPLE WHO ARE MARGINALIZED, OFTEN LIVING IN POVERTY OR MAKING LESS THAN A LIVING WAGE, RECEIVE ONE-ON-ONE CASE MANAGEMENT AND COACHING INCLUDING JOB SEARCH, JOB TRAINING, JOB PLACEMENT, FINANCIAL AND DIGITAL LITERACY CLASSES, INTERNSHIPS, BASIC NEEDS ASSISTANCE AND ACCESS TO MENTAL HEALTH SERVICES. IN 2024, 261 STUDENTS EARNED HIGH SCHOOL DIPLOMAS AND 235 IN-DEMAND INDUSTRY-RECOGNIZED CREDENTIALS WERE AWARDED.
  3. $5.5 million spent. STAFFING SERVICESIN 2024, GSG TALENT SOLUTIONS PLACED 571 UNIQUE INDIVIDUALS INTO 792 POSITIONS, WITH 221 EMPLOYEES WORKING IN MORE THAN ONE ROLE DURING THE YEAR. WE PAID $21,098,331 IN WAGES, AVERAGING $34.11 PER HOUR, AND 741 POSITIONS EXCEEDED THE MIT LIVING WAGE BENCHMARK OF $18.15 PER HOUR. OF TOTAL LABOR HOURS, 75.4% WERE PERFORMED BY INDIVIDUALS WITH DISABILITIES, EMPOWERING UNDERSERVED COMMUNITIES IN CENTRAL TEXAS. ASSIGNMENTS AVERAGED 161 DAYS, AND 72 EMPLOYEES TRANSITIONED INTO FULL-TIME DIRECT EMPLOYMENT. GSG TALENT SOLUTIONS PROVIDED $15,460 IN FINANCIAL ASSISTANCE COVERING CHILDCARE, UTILITIES AND OTHER CRITICAL HOME EXPENSES, GROCERIES, AND TRANSPORTATION. (CONTINUED ON SCHEDULE O)THIS DUAL IMPACT, EMPOWERING INDIVIDUALS AND SUPPORTING EMPLOYERS, ENSURES A STRONGER, MORE RESILIENT CENTRAL TEXAS COMMUNITY.CONTRACT SERVICES GOODWILL CENTRAL TEXAS COMMERCIAL SERVICES SUPPORTS GCT'S MISSION BY CREATING EMPLOYMENT OPPORTUNITIES THROUGH CONTRACT EMPLOYMENT WITH STATE AGENCIES AND MUNICIPALITIES IN FACILITY MAINTENANCE, LANDSCAPING, PACKAGING AND FULFILLMENT, CUSTODIAL SERVICES, AND MAIL SERVICES, HELPING BUSINESSES INCREASE EFFICIENCY WHILE CREATING JOBS FOR INDIVIDUALS FACING BARRIERS TO EMPLOYMENT SUCH AS THOSE WITH DISABILITIES, VETERANS, AND PEOPLE WITH LIMITED WORK EXPERIENCE (53% OF STAFF IN 2024). SERVICES ARE DESIGNED TO MEET THE UNIQUE NEEDS OF CLIENTS IN VARIOUS INDUSTRIES, OFFERING CUSTOMIZED SUPPORT WITH A FOCUS ON SOCIAL IMPACT.

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

  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 December 2024.

    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 October 1960.

    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.