Woodstock Library Inc

Analysis

Woodstock Library Inc is a registered charity in United States, based in Woodstock, VA. It received its IRS tax-exemption ruling in November 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. 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 November 2023, Woodstock Library Inc reported income of $135k and spending of $72k, leaving 47% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $74k to $135k (+82%), an average of +16% a year. The sharpest change came in the year to November 2023, when income rose by 86%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodstock Library Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include New York State Om Association Inc ($135k), Mid America YMCA Camping Inc ($135k) and Iowa Head Start Association Inc ($135k).

At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.