Friends of Woodstock School Inc

Analysis

Friends of Woodstock School Inc is a registered charity in United States, based in Freeland, WA. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Woodstock School Inc reported income of $460k and spending of $354k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $714k to $460k (-36%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 117%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Woodstock School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include The Open School ($460k), Air Force Academy Real Estate Trust ($460k) and Communities in Schools of Cleveland County Inc ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $59k (17% of expenses). Other salaries and wages came to $30k. At year end it held assets of $5.9m against liabilities of $73, net assets of $5.9m. It reported 2 employees.