Winterkids Education Foundation

Analysis

Winterkids Education Foundation is a registered charity in United States, based in Westbrook, ME. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Winterkids Education Foundation reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $788k to $1.2m (+51%), an average of +11% a year. The sharpest change came in the year to May 2021, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winterkids Education Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include Matagorda County Fair & Livestock Exposition Assn ($1.2m), The Bicycle Alliance of Minnesota ($1.2m) and Wellington Volleyball Academy Inc ($1.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 24% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $115k (9.1% of expenses). Other salaries and wages came to $338k. At year end it held assets of $861k against liabilities of $26k, net assets of $835k. It reported 5 employees.