Historic Woodruff Place Foundation Inc

Analysis

Historic Woodruff Place Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 December 2023, Historic Woodruff Place Foundation Inc reported income of $73k and spending of $26k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $73k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Woodruff Place Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include San Diego Christian Servicemens Center Inc ($73k), Volunteers of America Inc ($73k) and PTA Texas Congress ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.