Woodbine Main Street - Chamber

Analysis

Woodbine Main Street - Chamber is a registered charity in United States, based in Woodbine, IA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2024, Woodbine Main Street - Chamber reported income of $136k and spending of $135k, spending 99% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $152k to $136k (-11%), an average of -11% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Woodbine Main Street - Chamber sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include New England Steam Corp ($136k), Ballet Folklorico Del Pacifico ($136k) and Tamil Sangam of Missouri Inc ($136k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $42k against liabilities of $1,426, net assets of $40k.