Woodbury Life Resource Center

Analysis

Woodbury Life Resource Center is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in February 2009, 17 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, Woodbury Life Resource Center reported income of $261k and spending of $336k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $265k to $261k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodbury Life Resource Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Friends of Assisi Food Pantry Inc ($261k), Narrow Door ($261k) and St Faustina Conference St Vincent Depaul Society ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (37% of expenses). At year end it held assets of $152k against liabilities of $1,957, net assets of $150k. It reported 6 employees.