Woodside on the Move Inc

Analysis

Woodside on the Move Inc is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in November 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 June 2023, Woodside on the Move Inc reported income of $3.0m and spending of $3.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodside on the Move 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 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Potomac Highland Airport Authority ($3.0m), Muskegon Young Mens Christian Association ($3.0m) and The Access Fund ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $95k (3.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.5m against liabilities of $327k, net assets of $1.1m. It reported 248 employees.