Woodstock Guild of Craftsmen Inc

Analysis

Woodstock Guild of Craftsmen Inc is a registered charity in United States, based in Woodstock, NY. It received its IRS tax-exemption ruling in January 1971, 55 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, Woodstock Guild of Craftsmen Inc reported income of $761k and spending of $829k, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $139k to $761k (+446%), an average of +40% a year. The sharpest change came in the year to December 2019, when income rose by 584%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodstock Guild of Craftsmen Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Oasis Institute ($761k), Hebrew Health Care Foundation Inc ($761k) and Hawaii Residency Program Inc Trust for Professional Liability ($761k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $78k (9.4% of expenses). Other salaries and wages came to $203k. At year end it held assets of $3.0m against liabilities of $353k, net assets of $2.7m. It reported 11 employees.