Woods Hole Foundation Incorporated

Analysis

Woods Hole Foundation Incorporated is a registered charity in United States, based in Woods Hole, MA. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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, Woods Hole Foundation Incorporated reported income of $86k and spending of $167k, spending 194% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $86k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woods Hole Foundation Incorporated sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($86k), Cuyahoga Falls Oktoberfest Golf Charities ($86k) and PTA California Congress of Parents Teachers & Students Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.

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.