Woodfern Home & School Assoc

Analysis

Woodfern Home & School Assoc is a registered charity in United States, based in Hillsborough, NJ. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Woodfern Home & School Assoc reported income of $57k and spending of $57k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $22k to $57k (+158%), an average of +158% a year. The sharpest change came in the year to August 2023, when income rose by 158%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodfern Home & School Assoc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Georgetown South Community Council Foundation Inc ($57k), Glastonbury High School Parents Organization Inc ($57k) and Rainbow Chamber Foundation ($57k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.