Robert W Woodruff Health Sciences Center Fund Inc

Analysis

Robert W Woodruff Health Sciences Center Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Robert W Woodruff Health Sciences Center Fund Inc reported income of $94.3m and spending of $46.9m, leaving 50% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $297.4m to $94.3m (-68%), an average of -25% a year. The sharpest change came in the year to August 2021, when income rose by 102%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robert W Woodruff Health Sciences Center Fund Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Antelope Valley Learning Academy Inc ($94.1m), Washington College ($94.4m) and University of Central Florida Foundation Inc ($94.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $164k (0.4% of expenses). Other salaries and wages came to $95k. At year end it held assets of $1.16bn against liabilities of $386, net assets of $1.16bn. It reported 14 employees.