Woodbourne Woods Inc

Analysis

Woodbourne Woods Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Woodbourne Woods Inc reported income of $1.2m and spending of $1.3m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+13%), an average of +3.1% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodbourne Woods Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Mobile Inc ($1.2m), Arkansas Coalition of Marshallese Inc ($1.2m) and Kualoa Heeia Ecumenical Youth Project ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $63k (5.0% of expenses). Other salaries and wages came to $161k. At year end it held assets of $4.4m against liabilities of $6.0m, net assets of -$1.6m.

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.