Woodson Center

Analysis

Woodson Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1981, 45 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, Woodson Center reported income of $5.5m and spending of $7.9m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $804k to $5.5m (+578%), an average of +61% a year. The sharpest change came in the year to December 2020, when income rose by 714%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Woodson Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Communities in Schools of Brazoria County Inc ($5.4m), National District Attorneys Association ($5.5m) and Community Action Agency Talladega Clay Randolph Calhoun & Cleburne ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $805k (10% of expenses). Other salaries and wages came to $223k. At year end it held assets of $12.1m against liabilities of $719k, net assets of $11.4m. It reported 6 employees.