Woodside Community Theatre Inc

Analysis

Woodside Community Theatre Inc is a registered charity in United States, based in Portola Vally, CA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Woodside Community Theatre Inc reported income of $79k and spending of $108k, spending 137% of what it took in. Across the 3 years on record, from January 2019 to January 2024, income fell from $214k to $79k (-63%), an average of -39% a year. The sharpest change came in the year to January 2023, when income dropped by 61%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Woodside Community Theatre Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Mr Amigo Association of Brownsville Texas Incorporated ($79k), India School Inc ($79k) and Dom Research Center Inc ($79k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $58k against liabilities of $6,025, net assets of $52k.