Woodhaven District Management Association Inc

Analysis

Woodhaven District Management Association Inc is a registered charity in United States, based in Woodhaven, NY. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Woodhaven District Management Association Inc reported income of $448k and spending of $405k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $321k to $448k (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Woodhaven District Management Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include High Plains Community Development Corporation ($448k), Logosworks ($448k) and Washington Wine Industry Foundation ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $66k (16% of expenses). Other salaries and wages came to $38k. At year end it held assets of $319k against liabilities of $148k, net assets of $171k. It reported 2 employees.