Sam Beauford Woodshop

Analysis

Sam Beauford Woodshop is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in May 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 December 2023, Sam Beauford Woodshop reported income of $680k and spending of $626k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $245k to $680k (+177%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sam Beauford Woodshop sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Upstate New York Falun Dafa Assoc Inc ($680k), Cascades Theatrical Company ($680k) and The Catastrophic Theatre Inc ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $90k (14% of expenses). Other salaries and wages came to $159k. At year end it held assets of $393k against liabilities of $109k, net assets of $283k. It reported 10 employees.