Woodbury Interfaith Elderly Hous Ing Corporation

Analysis

Woodbury Interfaith Elderly Hous Ing Corporation is a registered charity in United States, based in Woodbury, CT. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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, Woodbury Interfaith Elderly Hous Ing Corporation reported income of $425k and spending of $652k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $425k (-0.2%), an average of -0.1% a year. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodbury Interfaith Elderly Hous Ing Corporation 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 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Southeast Japanese School ($425k), Help Our Military Heroes Inc ($425k) and St Marks United Methodist Church Foundation ($425k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $84k. At year end it held assets of $2.8m against liabilities of $4.7m, net assets of -$1.9m.

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.