Woods Adult Day Care Center Inc

Analysis

Woods Adult Day Care Center Inc is a registered charity in United States, based in Millersville, MD. It received its IRS tax-exemption ruling in January 1976, 50 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 June 2023, Woods Adult Day Care Center Inc reported income of $953k and spending of $1.4m, spending 142% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $915k to $953k (+4.1%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woods Adult Day Care Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Pennsylvania Coalition for Oral Health ($953k), Agape Outreach Home Inc ($953k) and Wounded Warrior Homes Inc ($953k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $176k (13% of expenses). Other salaries and wages came to $414k. At year end it held assets of $1.1m against liabilities of $898k, net assets of $195k. It reported 15 employees.

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.