Winter Valley Residences Incorporated

Analysis

Winter Valley Residences Incorporated is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Winter Valley Residences Incorporated reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.7m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Winter Valley Residences Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Central Florida Dreamplex Foundation Inc ($3.7m), Habitat for Humanity of Greater Greensboro Inc ($3.7m) and Bnai Brith Senior Citizens Housing Committee of Houston Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $15.5m against liabilities of $22.5m, net assets of -$7.0m.