Woodstock Community Trust Inc

Analysis

Woodstock Community Trust Inc is a registered charity in United States, based in Woodstock, VT. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Woodstock Community Trust Inc reported income of $1.3m and spending of $715k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $520k to $1.3m (+151%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Woodstock Community Trust Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within VT. Charities of a similar size with the same main cause include Japanese Educational Institute of Houston ($1.3m), Independent Media Initiative Inc ($1.3m) and A Step Beyond ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.5m against liabilities of $35k, net assets of $1.4m. It reported 1 employees.