Woodbury Community Foundation

Analysis

Woodbury Community Foundation is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Woodbury Community Foundation reported income of $476k and spending of $329k, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $252k to $476k (+89%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 205%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Woodbury Community Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Gila Community Foundation ($475k), Prairieland United Way Inc ($476k) and Fikes Foundation ($475k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 131% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.