Woodward Community Foundation

Analysis

Woodward Community Foundation is a registered charity in United States, based in Woodward, OK. It received its IRS tax-exemption ruling in November 1994, 32 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 December 2023, Woodward Community Foundation reported income of $850k and spending of $909k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $448k to $850k (+90%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Woodward Community Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Mature Resources Foundation ($849k), Jessye Norman School of the Arts ($850k) and The Koby Mandell Foundation Inc ($849k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 99% of the total. At year end it held assets of $284k against liabilities of $2,000, net assets of $282k.