Woodlands Serving Central Ohio Inc

Analysis

Woodlands Serving Central Ohio Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in February 1966, 60 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 June 2023, Woodlands Serving Central Ohio Inc reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.4m (+0.4%), an average of +0.1% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodlands Serving Central Ohio Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Partnership for Americas Children ($1.4m), Speakout ($1.4m) and Mt Carmel Wellness & Community Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $139k (11% of expenses). Other salaries and wages came to $596k. At year end it held assets of $2.0m against liabilities of $472k, net assets of $1.6m. It reported 42 employees.