Woodstock Community Playschool Inc

Analysis

Woodstock Community Playschool Inc is a registered charity in United States, based in Woodstock, VT. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Woodstock Community Playschool Inc reported income of $525k and spending of $646k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to August 2023, income fell from $548k to $525k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to August 2021, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodstock Community Playschool Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Fresh Start Youth Services Inc ($525k), The Community Kitchen ($525k) and Norborne Pre-School and Day Care Center Inc ($525k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $74k (11% of expenses). Other salaries and wages came to $349k. At year end it held assets of $1.0m against liabilities of $628k, net assets of $390k. It reported 24 employees.