Robert W Woodruff Library of the Atlanta University Center Inc

Analysis

Robert W Woodruff Library of the Atlanta University Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Robert W Woodruff Library of the Atlanta University Center Inc reported income of $14.8m and spending of $15.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $14.8m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robert W Woodruff Library of the Atlanta University Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Denver Christian Schools ($14.8m), Torah Academy of Boca Raton Inc ($14.8m) and Building Equity Sooner for Tomarrow ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $406k (2.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $38.2m against liabilities of $2.8m, net assets of $35.4m. It reported 93 employees.