Woodridge Foundation

Analysis

Woodridge Foundation is a registered charity in United States, based in Peninsula, OH. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woodridge Foundation reported income of $293k and spending of $40k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $293k (+455%), an average of +455% a year. The sharpest change came in the year to December 2023, when income rose by 455%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodridge Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Carrollton-Farmers Branch Indep SCHL Dist Educ Foundation ($293k), Litcamp ($293k) and Bella Vista Bronco Boosters Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $442k against liabilities of $0, net assets of $442k.