The Wooden Floor for Youth Movement

Analysis

The Wooden Floor for Youth Movement is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in December 1992, 34 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 August 2023, The Wooden Floor for Youth Movement reported income of $5.1m and spending of $4.0m, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.4m to $5.1m (+14%), an average of +3.3% a year. The sharpest change came in the year to August 2023, when income rose by 72%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Wooden Floor for Youth Movement sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include African Services Committee Inc ($5.1m), Jewish Food Society Inc ($5.1m) and Ought Inc ($5.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $366k (9.2% of expenses). Other salaries and wages came to $1.5m. It paid $105k in professional fundraising fees. At year end it held assets of $16.5m against liabilities of $419k, net assets of $16.1m. It reported 68 employees.