Westminster Cares Incorporated

Analysis

Westminster Cares Incorporated is a registered charity in United States, based in Westminster, VT. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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 December 2023, Westminster Cares Incorporated reported income of $107k and spending of $72k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $107k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westminster Cares Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 29th percentile within VT. Charities of a similar size with the same main cause include Great Barrington Historical Society Inc ($107k), Soccer Assoc for Youth ($107k) and Woodbridge Recreation Association Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 3.8% of the total. At year end it held assets of $296k against liabilities of $1,166, net assets of $295k.