Woodhouse Inc

Analysis

Woodhouse Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in August 1980, 46 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 2024, Woodhouse Inc reported income of $4.9m and spending of $4.6m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.7m to $4.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodhouse Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Education & Empowerment Inc ($4.9m), Bridges of Florida Inc ($4.9m) and Our Neighbors Table ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $139k (3.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.0m against liabilities of $311k, net assets of $2.6m. It reported 70 employees.