Woburn Community Educational Foundation

Analysis

Woburn Community Educational Foundation is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Woburn Community Educational Foundation reported income of $138k and spending of $116k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $68k to $138k (+102%), an average of +102% a year. The sharpest change came in the year to June 2024, when income rose by 102%. 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, Woburn Community Educational Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Appalachian Institute for Creative Learning ($138k), Educators of America Inc ($138k) and Latta Library Foundation Inc ($138k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.