Charity Search / GOODWILL INDUSTRIES OF SOUTH FLORIDA INC
Employment (J32Z) IRS Verified DX Registered 990 on File

GOODWILL INDUSTRIES OF SOUTH FLORIDA INC

EIN: 59-0866126 · MIAMI, FL 33142-7317 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$196.1M
Total Revenue
$185.1M
Total Expenses
$58.2M
Net Assets
3352
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 94.2%
Fundraising Efficiency 135.1%
Operating Reserve 3.78x
Liability-to-Asset 54.0%
Revenue Diversification 50.4%
Executive Compensation $1.3M
Compared with Peers
FY 2024
Compared with 18 similar organizations (United States, Employment, $100M and over in expenses), FY 2024.
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
94.2% 91.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
5.3% 7.0%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.5% 0.4%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
135.1% 1246.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.8 mo 5.0 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
54.0% 45.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
50.4% 75.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
10.1% 7.1%
P10P90
Expense growth
Year over year expense growth
5.4% 7.5%
P10P90
Surplus margin
Surplus as a share of revenue
5.6% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $196.1M $185.1M $58.2M 94.2% 3352
2023 $178.1M $175.6M $47.0M 94.6% 3785
2022 $172.3M $159.9M $44.3M 95.2% 3704
2021 $143.9M $142.9M N/A — 3698
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Organization Details
EIN
59-0866126
State
FL
City
MIAMI
ZIP
33142-7317
Classification
J32Z
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1959
Foundation Code
15
Form 990
On File
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