Woodhaven Learning Center

Analysis

Woodhaven Learning Center is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in June 1959, 67 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woodhaven Learning Center reported income of $20.1m and spending of $17.8m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.4m to $20.1m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodhaven Learning Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Columbus Hospice Inc ($20.1m), Congressional School Inc ($20.2m) and Catalyst Inc ($20.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Other salaries and wages came to $12.5m. At year end it held assets of $22.4m against liabilities of $2.7m, net assets of $19.7m. It reported 408 employees.