Woodroe Inc

Analysis

Woodroe Inc is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in January 2017, 9 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 December 2023, Woodroe Inc reported income of $2.2m and spending of $1.8m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+18%), an average of +4.3% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodroe Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include NVSBC Education Foundation Inc ($2.2m), Yeshiva Ohr Yisrael of Atlanta Inc ($2.2m) and Concilio Child Development Centers ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $23k, net assets of $2.4m. It reported 40 employees.