Wood Rose Academy

Analysis

Wood Rose Academy is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in February 1997, 29 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, Wood Rose Academy reported income of $1.9m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.9m (+59%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wood Rose Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Associated Students of California State University Channel Islands ($1.9m), Tennessee Future Farmers of America Foundation Inc ($1.9m) and Western Cuna Management School ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.6m against liabilities of $1.6m, net assets of $42k. It reported 28 employees.