Woolley Institute for Spoken- Language and Education

Analysis

Woolley Institute for Spoken- Language and Education is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Woolley Institute for Spoken- Language and Education reported income of $3.0m and spending of $2.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $442k to $3.0m (+571%), an average of +61% a year. The sharpest change came in the year to December 2020, when income rose by 306%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Woolley Institute for Spoken- Language and Education sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Northern Lights Health Care Partnership Inc ($3.0m), Acgme International Group Inc ($3.0m) and Levelup Kids Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $183k (7.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.8m against liabilities of $718k, net assets of $3.0m. It reported 29 employees.