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Virginia · Nonprofit

GOODWILL INDUSTRIES OF THE VALLEY WORKS

GOODWILL INDUSTRIES OF THE VALLEY WORKS (Virginia) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being Charity Bridge Fund ($10,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$104M
Funders on record
1
Grants received
$10k
Net assets
$22M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Goodwill Industries of the Valley Works does

Mission

Goodwill's mission is to empower individuals, strengthen families, and inspire communities through job skills training and work placement opportunities with a multi-generational approach focused on removing barriers.

As stated on its FY2024 Form 990.

Programs

  1. Donated goods - goodwill collects items that the public no longer needs at community donation centers and sells these items in retail stores that it operates. Donated items that are sold in stores include clothing, shoes, toys, household goods, furniture, small electronics, and various other items. The revenues generated from store sales help to fund the organization's skills training, job placement, and support services to help people achieve their greatest potential. This funding supports both Goodwill Industries of the Valley Works and its parent company goodwill industries of the valleys, inc.

    $92,690,582 spent$47,671,943 earned by the program
    92% of program spending
  2. Business services - goodwill provides outsourcing solutions to area businesses in fields such as manufacturing, production and assembly, and custodial. Individuals with disabilities and other barriers to employment work with others in these jobs that are performed at either an area business or at a goodwill facility. Business services not only provides paid work opportunities for individuals in goodwill programs but also provides revenue to support both Goodwill Industries of the Valley Works and its parent company goodwill industries of the valleys, inc.

    $3,189,643 spent$2,900,156 earned by the program
    3% of program spending
  3. Salvage - if donated items that are collected by the organization (see 4a above) cannot be sold in the retail stores, goodwill makes every effort to recycle these items through third-party companies. These items are sold on a per pound basis to these companies, which in turn recycle or reuse the product. Goodwill salvage operations provides critical revenues to support goodwill programs and both Goodwill Industries of the Valley Works and its parent company goodwill industries of the valleys, inc.

    $4,536,522 spent$3,504,696 earned by the program
    5% of program spending
  4. Support to related organization

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $100,416,747.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($36M) Expenses 100 ($41M) Net assets 100 ($5.9M)2018 Revenue 213 ($76M) Expenses 186 ($76M) Net assets 109 ($6.5M)2019 Revenue 228 ($82M) Expenses 195 ($79M) Net assets 154 ($9.2M)2020 Revenue 205 ($74M) Expenses 188 ($76M) Net assets 106 ($6.3M)2021 Revenue 296 ($106M) Expenses 242 ($98M) Net assets 239 ($14M)2022 Revenue 303 ($109M) Expenses 256 ($104M) Net assets 315 ($19M)2023 Revenue 294 ($106M) Expenses 260 ($106M) Net assets 312 ($19M)2024 Revenue 290 ($104M) Expenses 248 ($101M) Net assets 368 ($22M)
'17'18'19'20'21'22'23'24
Revenue (290)Expenses (248)Net assets (368)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $7.4M to $34M (+358%).

$7.4M
$34M
$35M
$31M
$36M
$39M
$37M
$48M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

49% of GOODWILL INDUSTRIES OF THE VALLEY WORKS’s revenue is contributions — more donation-reliant than the typical peer (17% for the typical peer).

This organization
Typical peer · 264 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$4.8M
’17
$552k
’18
$2.7M
’19
−$2.9M
’20
$7.9M
’21
$4.5M
’22
−$233k
’23
$3.3M
’24
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Richmond Vincent

President & CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2625232526333333
Joined·+5+0+8+11+12+4+6
No longer listed·62610546
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'18
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GOODWILL INDUSTRIES OF THE VALLEY WORKS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of GOODWILL INDUSTRIES OF THE VALLEY WORKS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GOODWILL INDUSTRIES OF THE VALLEY WORKS has grown faster than three-quarters of the 248 human services nonprofits its size.

Operating margin3% · above the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)16% · top quartile

this organization peer median middle 50% of peers· 248 human services nonprofits over $100M, FY2024

Organizations like GOODWILL INDUSTRIES OF THE VALLEY WORKS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 2 related entities

  • Goodwill Industries of the Valleys Inc · exempt
  • Market on Melrose · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for GOODWILL INDUSTRIES OF THE VALLEY WORKS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GOODWILL INDUSTRIES OF THE VALLEY WORKS?
GOODWILL INDUSTRIES OF THE VALLEY WORKS (Virginia) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being Charity Bridge Fund ($10,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does GOODWILL INDUSTRIES OF THE VALLEY WORKS have?
IRS filings report 1 organization giving $10,000 in grants to GOODWILL INDUSTRIES OF THE VALLEY WORKS.
Who is the largest funder of GOODWILL INDUSTRIES OF THE VALLEY WORKS?
Charity Bridge Fund is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like GOODWILL INDUSTRIES OF THE VALLEY WORKS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing