Woodlynde School Corp

Analysis

Woodlynde School Corp is a registered charity in United States, based in Strafford, PA. It received its IRS tax-exemption ruling in January 1976, 50 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 June 2023, Woodlynde School Corp reported income of $10.8m and spending of $11.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.1m to $10.8m (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodlynde School Corp sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Lincoln Academy ($10.8m), Community Roots Charter School ($10.8m) and Mastery Charter School - Mann Elementary ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $256k (2.1% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $23.9m against liabilities of $8.2m, net assets of $15.7m. It reported 83 employees.