Winchester After School Program

Analysis

Winchester After School Program is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Winchester After School Program reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.6m (+25%), an average of +5.8% a year. The sharpest change came in the year to August 2022, when income rose by 75%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Winchester After School Program sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Center of Hope Foundation Inc ($1.6m), Childrens Center Inc ($1.6m) and Plant It Forward ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $194k (13% of expenses). Other salaries and wages came to $647k. At year end it held assets of $921k against liabilities of $150k, net assets of $770k. It reported 31 employees.