Wood River Vision 2020

Analysis

Wood River Vision 2020 is a registered charity in United States, based in Wood River, NE. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Wood River Vision 2020 reported income of $710k and spending of $852k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $710k (+230%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 487%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wood River Vision 2020 sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NE. Charities of a similar size with the same main cause include The Cabet Group Incorporated ($710k), Masonic Service Association Education Department ($711k) and Kodiak Archipelago Leadershipinstitute ($710k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 124% of the total. Other salaries and wages came to $562k. At year end it held assets of $2.1m against liabilities of $330k, net assets of $1.8m. It reported 81 employees.