Public Charity

HEART OF TEXAS GOODWILL INDUSTRIES INC

HEART OF TEXAS GOODWILL INDUSTRIES INC is a Public Charity headquartered in WACO, TX. Financial data from the 2024 filing: $26.2M revenue, $22.6M expenses, $72.7M total assets. 17 publicly reported grants to this organization, totaling roughly $6.8M, appear in IRS filings.

EIN: 741238443 WACO, TX Goodwill Industries NTEE: J32 Latest filing: 2024
Total Revenue$26.2M
Total Expenses$22.6M
Total Assets$72.7M
Grant Records17
Funding Total$6.8M
Filing Years2019–2024

Mission

FOR OVER 66 YEARS, HEART OF TEXAS GOODWILL INDUSTRIES HAS BEEN COMMITTED TO CHANGING LIVES THROUGH THE POWER OF WORK. SINCE 1955, HEART OF TEXAS GOODWILL HAS GROWN INTO THE LEADING NON-PROFIT PROVIDER OF EMPLOYMENT READINESS SERVICES AND JOB TRAINING PROGRAMS THAT HELP PEOPLE WITH DISABILITIES AND DISADVANTAGING CONDITIONS REACH THEIR FULL POTENTIAL. HEART OF TEXAS GOODWILL COVERS A SERVICE TERRITORY OF 20 COUNTIES AND OPERATES TWELVE RETAIL STORES, TWO OUTLET CENTERS, AND AN ONLINE AUCTION MARKETPLACE, SHOPGOODWILL.COM. THE RETAIL BUSINESS NOT ONLY CREATES MORE THAN 370 JOBS FOR PEOPLE WITH BARRIERS TO EMPLOYMENT BUT IT ALSO GENERATES THE REVENUE THAT FUNDS THE EMPLOYMENT SERVICES AND SKILLS TRAINING PROGRAMS OFFERED TO THOUSANDS OF CENTRAL TEXANS EACH YEAR THROUGH GOODWILL'S MISSION SERVICES DEPARTMENT.

Where $100 goes at Heart of Texas Goodwill Industries Inc

How Heart of Texas Goodwill Industries Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$68
Heart of texas goodwill's retail operations serves as the mechanism for the organization to help people reach their full potential through the power of work
81% of program spending
$7
The sale of donated items received from donors plays a significant role behind the scenes at goodwill, helping to fund life-changing training programs and vocational services for individuals…
8% of program spending
$5
Job opportunities for people with disabling conditions through the state set-aside program with the state of texas as well as contracts created with local municipalities
6% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Daniel Jeanes
DIRECTOR David Jennings
DIRECTOR Ellyn Perrone
DIRECTOR Hermann Pereira
DIRECTOR Jim Peevey
DIRECTOR Keith Williamson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$6,376,985 6 grants
Economic Development
$135,859 3 grants
Human & Social Services
$77,622 2 grants
Health & Medicine
$21,370 1 grant
Unspecified
$219,980 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $26.2M $22.6M $72.7M
2023 $28.3M $20.6M $64.1M
2022 $21.8M $16.7M $53.3M
2020 $12.4M $12.0M $39.0M
2019 $12.6M $11.7M $33.0M

Between 2019 and 2024, reported annual revenue grew from $12.6M to $26.2M (+107%), with total assets most recently reported at $72.7M.

Interactive year-over-year charts and full filing details available with membership.

Similar Organizations in TX

GOODWILL INDUSTRIES OF HOUSTON
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GOODWILL INDUSTRIES OF CENTRAL TEXAS
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Goodwill Industries of Dallas Inc
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Goodwill Industries of Fort Worth Inc
Fort Worth, TX · Goodwill Industries
GOODWILL INDUSTRIES OF DALLAS FOUNDATION
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