Woodlawn Community Academy Inc
Analysis
Woodlawn Community Academy Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Woodlawn Community Academy Inc reported income of $1.3m and spending of $1.8m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Woodlawn Community Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Alabama STEM Education Inc ($1.3m), Averroes High School ($1.3m) and Belmont Academy ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Other salaries and wages came to $842k. At year end it held assets of $2.4m against liabilities of $1.8m, net assets of $573k. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.2%
- Program services 98%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alabama STEM Education Inc | Bessemer | $1.3m |
| Averroes High School | Fremont | $1.3m |
| Belmont Academy | Portland | $1.3m |
| Pathways Academy for Special Education | Lincolnwood | $1.3m |