Woodford Manufacturing Charities Inc

Analysis

Woodford Manufacturing Charities Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Woodford Manufacturing Charities Inc reported income of $691k and spending of $691k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $473k to $691k (+46%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodford Manufacturing Charities Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Church Women United Child Care Center ($691k), Hope Network of Raytown ($691k) and Turkish American Interculturaleducational Foundation ($690k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $22k, net assets of $0.