Woodland Home for Orphans and Friendless

Analysis

Woodland Home for Orphans and Friendless is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in March 1938, 88 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 June 2024, Woodland Home for Orphans and Friendless reported income of $62k and spending of $120k, spending 194% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $78k to $62k (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2023, when income rose by 721%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodland Home for Orphans and Friendless sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Elegius Mini Equine Sanctuary ($62k), Mahasatipatthana Meditation Center Inc ($62k) and PTA New York Congress ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $2.1m against liabilities of $13k, net assets of $2.1m.