Overview

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Est.

2008

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Memphis Goodwill Inc is a nonprofit organization focused on the collection and resale of donated goods to the public, operating primarily in the thrift shop sector. With an operating budget of $51 million and total revenue of $51.1 million for the filing year 2024, the organization demonstrates significant financial scale. It does not rely on any single funder for 50% or more of its revenue, indicating a diverse funding base.

Mission Statement

COLLECTION AND RESALE OF DONATED GOODS TO THE PUBLIC
Revenues
$51.1M
Expenses
$51M
Net Income:
+$150.3K
Assets
$51.5M
Liabilities
$43.7M
Net Assets:
+$7.8M
Operating Budget
$51M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10.4K
Largest grant received
$10.4K
T
Tony Martini
Board Member
M
Macky Sneed
Board Member
B
Brian Williams
Board Member

Frequently Asked Questions

What is MEMPHIS GOODWILL INC’s budget?
In 2024, MEMPHIS GOODWILL INC reported an annual operating budget of around $51 million. More detailed financial information is available to registered users.
What causes does MEMPHIS GOODWILL INC support?
MEMPHIS GOODWILL INC supports work in Thrift shops.
Where does MEMPHIS GOODWILL INC operate?
MEMPHIS GOODWILL INC is headquartered in Memphis, TN.
Who funded MEMPHIS GOODWILL INC recently?
In 2023, MEMPHIS GOODWILL INC received grants from GOODWILL INDUSTRIES INTERNATIONAL INC, GOODWILL INDUSTRIES INTERNATIONAL INC, and GOODWILL INDUSTRIES INTERNATIONAL INC. More information on this organization’s funders is available to registered users.
What is the largest grant MEMPHIS GOODWILL INC received in 2023?
The largest grant to MEMPHIS GOODWILL INC in 2023 exceeds $10 thousand.