Woodstock Institute

Analysis

Woodstock Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1978, 48 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, Woodstock Institute reported income of $1.5m and spending of $1.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $672k to $1.5m (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodstock Institute sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Interior AIDS Association ($1.5m), Caring Community Friends Inc ($1.5m) and Red Hat Day Care Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $193k (12% of expenses). Other salaries and wages came to $589k. At year end it held assets of $1.2m against liabilities of $580k, net assets of $586k. It reported 10 employees.