Hoods to Woods Inc

Analysis

Hoods to Woods Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2024, Hoods to Woods Inc reported income of $104k and spending of $76k, leaving 27% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $120k to $104k (-14%), an average of -14% a year. Over the whole period it spent 57% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hoods to Woods Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Our Community Cares Camp ($104k), Baldwin Bethany Community Developement Corporation ($104k) and Kindergartners Court Inc ($104k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $161k against liabilities of $7,500, net assets of $154k.