GOOD360
Mission Statement
Good360’s mission is to transform lives by providing hope, dignity, and a sense of renewed possibility to individuals, families, and communities impacted by disasters or other challenging life circumstances who, without us, would struggle to find that hope. As the global leader in product philanthropy and purposeful giving, we partner with socially responsible companies to source highly needed goods and distribute them through our network of diverse nonprofits that support people in need. Good360 has distributed more than $9 billion in donated goods around the world, helping its network of more than 90,000 prequalified nonprofits strengthen communities and improve the lives of millions. Good360 is proud to partner with corporate donors such as Walmart, UPS, CVS Health Foundation, Amazon, Advance Auto Parts, RH (Restoration Hardware), American Eagle Outfitters, Tempur Sealy International, Mattel, Gap, Inc., Eddie Bauer, Levi Strauss & Company, and JPMorganChase. Good360 is a registered 501(c)(3) organization. Learn more at https://www.good360.org
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.7% | 87.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.2% | 7.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 1.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.4 mo | 4.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.1% | 29.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.2% | 98.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
6.6% | 1.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.1% | 5.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.0% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3264.7M | $3331.3M | $98.3M | 99.7% | 109 |
| 2023 | $3062.5M | $2971.3M | $164.9M | 99.7% | 98 |
| 2022 | $2686.9M | $2669.0M | $73.4M | 99.8% | 86 |
| 2021 | $1689.6M | $1725.2M | N/A | — | 92 |
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