Colorado · Nonprofit
Goodwill of Colorado
Goodwill of Colorado (Colorado) receives grants from 53 organizations whose IRS filings report $32,267,087 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($15,010,000). 28 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $183M
- Funders on record
- 53
- Grants received
- $32M
- Net assets
- $196M
What Goodwill of Colorado does
Mission
Goodwill of Colorado accomplishes its life-changing mission through many diverse and innovative employment and life skills programs that foster confidence and opportunity for individuals with economic and development challenges that keep them from leading independent and engaged lives.
As stated on its FY2024 Form 990.
Programs
In 2024, Goodwill of Colorado operated 54 retail and donation centers. Goodwill of Colorado employs 2,200 team members in our retail operations, 65% of whom have significant obstacles to employment, such as being unhoused, addiction, a disability, or justice involvement. We provide foundational jobs and train those employees in soft job skills as well as retail, transportation, and logistic knowledge. Goodwill of Colorado's operations & sales division also received, recycled and repurposed 228 million pounds of material donations to preserve our environment and grow our economy, recycled 471 tons of environmentally hazardous computers/components, and issued 9,000 emergency clothing vouchers to families in need.
$125,162,366 spent$65,528,932 earned by the program85% of program spendingIn 2024, Goodwill of Colorado, in partnership with goodwill industrial services corporation (ein#84-1273701), provided meaningful and gainful employment to over 200 individuals with developmental and economic challenges through its self-sustaining business enterprises comprised of laundry, janitorial, and fleet maintenance services. Goodwill of Colorado and goodwill industrial services corporation (ein#84-1273701) customers included military bases, government facilities, hospitality organizations, health care agencies, educational institutions, and private businesses. Together, these two organizations ensure these employees receive sustained employment, job training and support to ensure their vocational and person success.
$19,903,987 spent$2,761,646 earned by the program14% of program spendingIn 2024, Goodwill of Colorado's career development activites provided job training and career services for un-or-under employed individuals throughout the community. These services included job preparation courses, work experience programs and professional certification courses directed at making career-challenged individuals' job-ready. In partnership with community partners, Goodwill of Colorado placed job seekers into employment with net annual impact of $33.5 million and overall economic impact totaling $291 million.
$2,239,413 spent$18,939,328 earned by the program2% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $147,305,766.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $76M to $149M (+96%).
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.
Government-grant reliance: 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
50% of Goodwill of Colorado’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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
Karla Grazier
President/CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 17 funders, grant income rose $57k → $5.0M.
13 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $21M from 9 payers (the payer shares this organization's board, largest Goodwill of Colorado Foundation). These are real filings, and they are not money Goodwill of Colorado raised.
From the IRS filings of Goodwill of Colorado’s funders (the co-funder graph). Top 30 of 53 funders by total. 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.
How concentrated its funding is
Goodwill of Colorado leans on a few funders — its largest provides 47% of grant income and the top three 88%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Goodwill of Colorado.
Largest funder’s share by year: 2017 54% · 2018 67% · 2019 74% · 2020 47% · 2021 88% · 2022 92% · 2023 95% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
42% of Goodwill of Colorado's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
59% of Goodwill of Colorado'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. Of the $13M that is directly attributable, 91% of it comes from Colorado funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $19M arriving through sponsors registered in 9 states 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.
Against its field
Goodwill of Colorado runs a healthier operating margin than three-quarters of the 40 employment nonprofits its size.
this organization peer median middle 50% of peers· 40 employment nonprofits over $100M, FY2024
Government funding Goodwill of Colorado receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.3M on record.
- Department of Veterans Affairs$12.6M
- Department of Agriculture$735k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Goodwill of Colorado
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 Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Goodwill Industrial Services Corporation · exempt
- Goodwill of Colorado Foundation · exempt
- Goodwillfinds Ecommerce Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Goodwill of Colorado: 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.
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 of Colorado?
- Goodwill of Colorado (Colorado) receives grants from 53 organizations whose IRS filings report $32,267,087 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($15,010,000). 28 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Goodwill of Colorado have?
- IRS filings report 53 organizations giving $32,267,087 in grants to Goodwill of Colorado, 28 of which have funded it in more than one year.
- Who is the largest funder of Goodwill of Colorado?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $15,010,000 in grants. The full list of funders is on this page.
- How can an organization like Goodwill of Colorado find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Goodwill of Colorado →
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 53 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 22, 2026. What this page cannot tell you · view filing