Weston Wing Inc
Analysis
Weston Wing Inc is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Weston Wing Inc reported income of $1.5m and spending of $1.2m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $796k to $1.5m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Weston Wing Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Uplift Afghanistan ($1.5m), Carolina Community Impact Inc ($1.5m) and Dignity Matters Inc ($1.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $68k (5.7% of expenses). Other salaries and wages came to $775k. At year end it held assets of $2.0m against liabilities of $554k, net assets of $1.5m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 87%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Uplift Afghanistan | Westlake VLG | $1.5m |
| Carolina Community Impact Inc | Raleigh | $1.5m |
| Dignity Matters Inc | Hopkinton | $1.5m |
| Scarlet Hope Inc | Louisville | $1.5m |