Goodwill Industries Of New Mexico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,874,026 | 20,107,812 | 3,766,214 | 20.0 | 53% |
| 2021 | 29,376,225 | 21,905,424 | 7,470,801 | 22.5 | 52% |
| 2022 | 34,267,423 | 24,791,692 | 9,475,731 | 24.4 | 53% |
| 2023 | 32,494,198 | 25,865,836 | 6,628,362 | 26.5 | 52% |
In its most recent public year (2023), this organization brought in $6,628,362 more than it spent. Its reserves stood at about 26.5 months of spending, up from 20 in 2020. Staff pay was 52% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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