Woodlawn East Community and Neighbo R

Analysis

Woodlawn East Community and Neighbo R is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1985, 41 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 September 2023, Woodlawn East Community and Neighbo R reported income of $192k and spending of $228k, spending 119% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $177k to $192k (+8.5%), an average of +4.1% a year. The sharpest change came in the year to September 2022, when income rose by 79%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodlawn East Community and Neighbo R sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Westlake High School Instrumental Music Boosters ($192k), Anchor Christian University Inc ($192k) and Western Reserve Fire Museum at Cleveland Inc ($192k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $532k against liabilities of $1.3m, net assets of -$804k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.