Harry and Jeanette Weinberg Woods Inc

Analysis

Harry and Jeanette Weinberg Woods Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 1998, 28 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, Harry and Jeanette Weinberg Woods Inc reported income of $741k and spending of $889k, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $714k to $741k (+3.8%), an average of +1.2% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harry and Jeanette Weinberg Woods Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Paisley House ($741k), Pontiac Meals on Wheels Foundation ($741k) and Alliance for Community Advocacy ($741k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $3.0m against liabilities of $205k, net assets of $2.8m.

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.