Winchendon Health Foundation Inc

Analysis

Winchendon Health Foundation Inc is a registered charity in United States, based in Winchendon, MA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 September 2023, Winchendon Health Foundation Inc reported income of $92k and spending of $19k, leaving 79% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $41k to $92k (+122%), an average of +30% a year. The sharpest change came in the year to September 2023, when income rose by 74%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winchendon Health Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($92k), Jamko Foundation Incorporated ($92k) and Virginia Association of Career and Technical Educators ($92k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $545k against liabilities of $2,500, net assets of $543k.