Woodsmere Estates Inc

Analysis

Woodsmere Estates Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Woodsmere Estates Inc reported income of $127k and spending of $153k, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $117k to $127k (+8.0%), an average of +1.9% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodsmere Estates Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Dabhoi Community Foundation ($127k), Blackland Income Growth Program Inc ($127k) and Meals on Wheels North Carolina ($127k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $316. At year end it held assets of $202k against liabilities of $330k, net assets of -$127k.