Woodcreek Outreach Rehabilitation Development
Analysis
Woodcreek Outreach Rehabilitation Development is a registered charity in United States, based in Schulenburg, TX. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2020, Woodcreek Outreach Rehabilitation Development reported income of $490k and spending of $544k, spending 111% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $1.3m to $490k (-61%), an average of -61% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Woodcreek Outreach Rehabilitation Development sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Terracycle Global Foundation Inc ($490k), Business Leaders for Michigan Foundation ($490k) and Charity Works Inc ($489k).
On its Form 990 for the period ending December 2020, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $54k (9.8% of expenses). Other salaries and wages came to $197k. At year end it held assets of $389k against liabilities of $330k, net assets of $59k. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Terracycle Global Foundation Inc | Trenton | $490k |
| Business Leaders for Michigan Foundation | Detroit | $490k |
| Charity Works Inc | Clearwater | $489k |
| Albany Center for Economic Success Inc | Albany | $490k |