Woodlands Foundation Inc
Analysis
Woodlands Foundation Inc is a registered charity in United States, based in Wexford, PA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Woodlands Foundation Inc reported income of $4.3m and spending of $2.7m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.3m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 71% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodlands Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Guardian Angel Settlement Association ($4.3m), Capital Investing in Development and Employment of Adults Inc ($4.3m) and Knoxville Area Urban League ($4.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $260k (9.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $10.5m against liabilities of $525k, net assets of $10.0m. It reported 122 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 15%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Guardian Angel Settlement Association | Saint Louis | $4.3m |
| Capital Investing in Development and Employment of Adults Inc | Austin | $4.3m |
| Knoxville Area Urban League | Knoxville | $4.3m |
| Valdosta-Lowndes County Family YMCA | Valdosta | $4.3m |