The Woodstock Foundation Inc

Analysis

The Woodstock Foundation Inc is a registered charity in United States, based in Woodstock, VT. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Woodstock Foundation Inc reported income of $2.1m and spending of $7.7m, spending 365% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $2.1m (-69%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Woodstock Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within VT. Charities of a similar size with the same main cause include Kakenyas Dream ($2.1m), All Saints Cathedral School ($2.1m) and Telluride Association Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $526k (6.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $94.1m against liabilities of $599k, net assets of $93.5m. It reported 125 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.