Woods Hole Community Association Inc

Analysis

Woods Hole Community Association Inc is a registered charity in United States, based in Woods Hole, MA. It received its IRS tax-exemption ruling in November 1963, 63 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 May 2024, Woods Hole Community Association Inc reported income of $158k and spending of $173k, spending 110% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $136k to $158k (+16%), an average of +3.8% a year. The sharpest change came in the year to May 2022, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woods Hole Community Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Love Sign Ministry Incorporated ($158k), Windom Youth Hockey Assn Inc ($158k) and Northern Lehigh Swimming Pool Assn ($158k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 47% and program service revenue 47% of the total. Other salaries and wages came to $13k. At year end it held assets of $925k against liabilities of $634, net assets of $924k. It reported 1 employees.