Woods Charter School Foundation Inc

Analysis

Woods Charter School Foundation Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Woods Charter School Foundation Inc reported income of $658k and spending of $628k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $326k to $658k (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woods Charter School Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Kidsland Day Care Center ($658k), Sparrow Education Foundation Inc ($658k) and Hollandale Christian School Assn ($658k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.