Woodwise-Severna Park Elderly Hsing

Analysis

Woodwise-Severna Park Elderly Hsing is a registered charity in United States, based in Severna Park, MD. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woodwise-Severna Park Elderly Hsing reported income of $182k and spending of $200k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $182k (-7.4%), an average of -1.9% a year. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Woodwise-Severna Park Elderly Hsing sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Apostolic Tabernacle Ministries ($182k), Sharing the Light Ministries Inc ($183k) and Trumpeter Ministries Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $693k against liabilities of $0, net assets of $693k.