Employment
(J320)
IRS Verified
DX Registered
990 on File
GOODWILL INDUSTRIES OF GREATER NEW YORK AND NORTHERN NEW JERSEY INC
Financial strength (30%)
69/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$106.3M
Total Revenue
$104.2M
Total Expenses
$44.5M
Net Assets
2303
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.6%
Fundraising Efficiency
478.2%
Operating Reserve
5.12x
Liability-to-Asset
64.5%
Revenue Diversification
51.7%
Executive Compensation
$1.1M
Compared with Peers
FY 2023
Compared with 25 similar organizations
(United States, Employment, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.6% | 91.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.3% | 7.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 0.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
478.2% | 646.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.1 mo | 5.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
64.5% | 46.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
51.7% | 83.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-2.1% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.3% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.9% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $106.3M | $104.2M | $44.5M | 85.6% | 2303 |
| 2022 | $108.6M | $100.0M | $42.5M | 86.2% | 2145 |
| 2021 | $96.1M | $94.3M | N/A | — | 4533 |
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