Winchester Rotary Charitable Fund Inc

Analysis

Winchester Rotary Charitable Fund Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Winchester Rotary Charitable Fund Inc reported income of $97k and spending of $79k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $33k to $97k (+198%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 149%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Winchester Rotary Charitable Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include River Valley Commons ($97k), Cove Creek Preservation and Development Inc ($97k) and Metropolitan Housing Development Corporation ($97k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $792k against liabilities of $0, net assets of $792k.