Woodlawn School

Analysis

Woodlawn School is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Woodlawn School reported income of $4.5m and spending of $4.7m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $4.5m (+35%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 179%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodlawn School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Childrens After School Programs Inc ($4.5m), Noble Academy ($4.5m) and Influence 1 ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $180k (3.8% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $9.5m against liabilities of $4.2m, net assets of $5.3m. It reported 64 employees.