School of the Woods
Analysis
School of the Woods is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1964, 62 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, School of the Woods reported income of $6.1m and spending of $5.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.1m (+5.2%), an average of +1.3% a year. 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, School of the Woods sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Columbus Torah School ($6.0m), Teamcfa Community Public Charter ($6.1m) and Gem Prep Nampa LLC ($6.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $198k (3.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $20.3m against liabilities of $7.9m, net assets of $12.4m. It reported 65 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 80%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Columbus Torah School | Columbus | $6.0m |
| Teamcfa Community Public Charter | Stanley | $6.1m |
| Gem Prep Nampa LLC | Deary | $6.0m |
| Morrisville College Foundation Inc | Morrisville | $6.1m |