Woodward Families Helping Families Inc

Analysis

Woodward Families Helping Families Inc is a registered charity in United States, based in Woodward, OK. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2022, Woodward Families Helping Families Inc reported income of $345k and spending of $267k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $77k to $345k (+346%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodward Families Helping Families Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Truth Ministries Inc ($345k), Encompasskids ($345k) and The Legacy Center Inc ($345k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $57k. At year end it held assets of $797k against liabilities of $6,265, net assets of $791k. It reported 10 employees.