Woodfield Area Childrens Organization

Analysis

Woodfield Area Childrens Organization is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woodfield Area Childrens Organization reported income of $71k and spending of $65k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $71k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodfield Area Childrens Organization sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Crisis Services Foundation Inc ($71k), Ians Ride ($71k) and Wells Family Foundation Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.