Woodside Village Inc

Analysis

Woodside Village Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Woodside Village Inc reported income of $90k and spending of $169k, spending 187% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $87k to $90k (+3.5%), an average of +0.9% a year. Over the whole period it spent 181% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Woodside Village Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Betsy Ann Ross House of Hope ($90k), Vesta Four Inc ($90k) and Ahdi Jewel City 1 ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $6,303. At year end it held assets of $1.2m against liabilities of $28k, net assets of $1.2m.

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.