Woodside Village Inc

Analysis

Woodside Village Inc is a registered charity in United States, based in Vineyard Haven, MA. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2023, Woodside Village Inc reported income of $939k and spending of $754k, spending 80% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $622k to $939k (+51%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Woodside Village Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include West Louisville Housing Corporation ($939k), Housing Our Veterans Inc ($939k) and William E English Foundation ($938k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $214k. At year end it held assets of $1.5m against liabilities of $63k, net assets of $1.4m.