Woodfield Academy Inc

Analysis

Woodfield Academy Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Woodfield Academy Inc reported income of $874k and spending of $854k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $825k to $874k (+5.9%), an average of +1.4% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodfield Academy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Leadership Brainery ($873k), Women Doing Well Inc ($874k) and Colorado Restaurant Association Education Fund ($873k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). Other salaries and wages came to $467k. At year end it held assets of $845k against liabilities of $404k, net assets of $441k. It reported 15 employees.