Woodstock Academy Foundation Inc

Analysis

Woodstock Academy Foundation Inc is a registered charity in United States, based in Woodstock, CT. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Woodstock Academy Foundation Inc reported income of $1.0m and spending of $960k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.3m to $1.0m (-81%), an average of -34% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodstock Academy Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Medical Assisting Education Review Board ($1.0m), Berkshire Waldorf High School Inc ($1.0m) and The Ability Challenge Incorporated ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $7.9m against liabilities of $4,591, net assets of $7.9m.