Charity Search / GOODWILL INDUSTRIES OF KENTUCKY INC
Employment (J320) IRS Verified DX Registered 990 on File

GOODWILL INDUSTRIES OF KENTUCKY INC

EIN: 61-0475284 · LOUISVILLE, KY 40211-1219 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
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
$138.3M
Total Revenue
$133.3M
Total Expenses
$184.1M
Net Assets
4715
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.3%
Fundraising Efficiency N/A
Operating Reserve 16.58x
Liability-to-Asset 21.9%
Revenue Diversification 65.5%
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
90.3% 91.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
9.5% 7.0%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.2% 0.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
16.6 mo 5.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
21.9% 45.3%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
65.5% 75.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
8.1% 7.1%
P10P90
Expense growth
Year over year expense growth
18.4% 7.5%
P10P90
Surplus margin
Surplus as a share of revenue
3.6% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $138.3M $133.3M $184.1M 90.3% 4715
2023 $127.9M $112.6M $178.1M 89.1% 4553
2022 $114.0M $98.4M $159.0M 88.3% 4190
2021 $90.8M $75.8M N/A 3664
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Organization Details
EIN
61-0475284
State
KY
City
LOUISVILLE
ZIP
40211-1219
Classification
J320
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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