Woodlawn Senior Housing Inc

Analysis

Woodlawn Senior Housing Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Woodlawn Senior Housing Inc reported income of $651k and spending of $728k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $522k to $651k (+25%), an average of +5.6% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Woodlawn Senior Housing Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Lynn Housing Authority Development Group Inc ($650k), New Phoebe House Association ($651k) and Family Promise of Jacksonville Inc ($650k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $173k. At year end it held assets of $4.6m against liabilities of $6.7m, net assets of -$2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.