Woodhaven of Livonia

Analysis

Woodhaven of Livonia is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in May 1986, 40 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 June 2023, Woodhaven of Livonia reported income of $9.8m and spending of $8.1m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $11.3m to $9.8m (-13%), an average of -4.6% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodhaven of Livonia sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include King David Community Center of Atlanta Inc ($9.8m), Jovenes Inc ($9.8m) and Caring for Friends ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $205k (2.5% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $21.9m against liabilities of $2.8m, net assets of $19.2m. It reported 256 employees.