Cil Woods Inc

Analysis

Cil Woods Inc is a registered charity in United States, based in Monmouth JCT, NJ. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Cil Woods Inc reported income of $289k and spending of $356k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $289k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cil Woods Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Gaeda Revitalization Corporation ($289k), Holie VII Inc ($289k) and Cass Clay Community Land Trust ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $46k. At year end it held assets of $1.4m against liabilities of $12k, net assets of $1.4m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.