Woodbury Athletic Association

Analysis

Woodbury Athletic Association is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in July 1972, 54 years ago. 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 December 2023, Woodbury Athletic Association reported income of $1.8m and spending of $1.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.8m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodbury Athletic Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Academy of America ($1.8m), Beatitude House ($1.8m) and One Fifty Parker Street School ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $54k (3.2% of expenses). Other salaries and wages came to $15k. At year end it held assets of $2.0m against liabilities of $941, net assets of $2.0m. It reported 40 employees.