Woodville Rosenwald School Foundation

Analysis

Woodville Rosenwald School Foundation is a registered charity in United States, based in Gloucester, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Woodville Rosenwald School Foundation reported income of $89k and spending of $125k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $89k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 155% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodville Rosenwald School Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Healthy Kids Happy Planet ($89k), D&d Educational Foundation ($89k) and Mike Entringer Memorial Scholarship Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $328k against liabilities of $26k, net assets of $302k.