Woodglen Hall Endowment Trust

Analysis

Woodglen Hall Endowment Trust is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Woodglen Hall Endowment Trust reported income of $195k and spending of $38k, leaving 81% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $158k to $195k (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2020, when income dropped by 160%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woodglen Hall Endowment Trust sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Grand Rapids Community Outreach ($195k), Wonderland Child Care Development Center ($195k) and Leadership International a Charitable TR ($195k).

At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.