Willowdale Steeplechase Inc

Analysis

Willowdale Steeplechase Inc is a registered charity in United States, based in Kennett SQ, PA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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 November 2023, Willowdale Steeplechase Inc reported income of $418k and spending of $349k, spending 83% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $344k to $418k (+21%), an average of +5.0% a year. The sharpest change came in the year to November 2021, when income rose by 80%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Willowdale Steeplechase Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Jackson House Crisis Intervention ($418k), Special Recreation Services Inc ($418k) and University of Louisiana System Foundation ($418k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 1.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $37k (11% of expenses). Other salaries and wages came to $28k. At year end it held assets of $247k against liabilities of $0, net assets of $247k. It reported 2 employees.