Woodbridge Park Association Inc

Analysis

Woodbridge Park Association Inc is a registered charity in United States, based in Woodbridge, CT. It received its IRS tax-exemption ruling in June 1974, 52 years ago. 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, Woodbridge Park Association Inc reported income of $438k and spending of $42k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $438k (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 3383%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodbridge Park Association 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 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include North Idaho Community Services Corporation ($438k), Nashville Cat Rescue ($438k) and Coatesville Public Library Association ($438k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $5.1m against liabilities of $17k, net assets of $5.1m.