Woods Foundation of New Jersey Inc

Analysis

Woods Foundation of New Jersey Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Woods Foundation of New Jersey Inc reported income of $90k and spending of $0, leaving 100% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 2477%. Over the whole period it spent 14% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woods Foundation of New Jersey Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Hopesprings Counseling Inc ($90k), Family Life Center of Greene County Indiana Inc ($90k) and Historic Willamette a Main Street Community ($90k).

At year end it held assets of $7.5m against liabilities of $0, net assets of $7.5m.