GOODWILL INDUSTRIES OF WEST MICHIGAN INC

MUSKEGON, MI, 49442-3490 (231) 722-7871 Est. 1950 EIN 38-1357148
990 - Public charity return 501(c)(3)
www.goodwillwm.org

Mission

GOODWILL BELIEVES THAT WORK HAS THE POWER TO TRANSFORM LIVES AND PLAYS A CRITICAL ROLE IN ACHIEVING SECURITY, INDEPENDENCE, SELF-WORTH, PRIDE, AND RESPECT. GOODWILL'S VISION IS THAT EVERY PERSON HAS A PATHWAY TO MEANINGFUL AND SUSTAINING WORK. THE AGENCY OFFERS A BROAD RANGE OF JOB TRAINING PROGRAMS AND EMPLOYMENT PLACEMENT SERVICES TO FULFILL A DIVERSE SET OF COMMUNITY NEEDS, AND ALSO PROVIDES WRAPAROUND SUPPORT SERVICES SUCH AS MONEY MANAGEMENT TRAINING, FREE TAX PREPARATION ASSISTANCE, AND COMMUNITY RESOURCE REFERRALS. FOR A FULL DESCRIPTION OF GOODWILL'S MISSION-BASED PROGRAMS AND SERVICES, PLEASE VISIT GOODWILLWM.ORG.

Financials

Total Revenue
$30,331,883
Total Expenses
$30,111,685
Net Assets
$33,600,030
682 employees 162 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
13.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 8.1%
Expenses ↑ 7.4%
Revenue Sources
Contributions 22.8% Earned revenue 74.1% Investment 2.5% Other 1.0%
Expense Breakdown
Program 87.3% Management 12.6% Fundraising 0.1%

Officers & Key Employees (20)

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Grants Received (50)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$30,331,883 ↓$30,111,685$33,600,030
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$32,990,341 ↑$28,044,955$32,971,967
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$25,744,875 ↑$24,771,146$27,295,273
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$24,966,806 ↑$23,150,135$29,022,195
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$20,135,082 ↓$22,318,280$26,202,984
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$23,157,009 ↑$22,491,447$27,245,910
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$22,428,554 $21,229,641$24,882,066

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EIN: 38-1357148 · Source: IRS Form 990 e-file data