Winchester Sports Foundation Inc

Analysis

Winchester Sports Foundation Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Winchester Sports Foundation Inc reported income of $53k and spending of $45k, spending 85% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $19k to $53k (+175%), an average of +66% a year. The sharpest change came in the year to December 2022, when income rose by 228%. Over the whole period it spent 153% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winchester Sports Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Innately Good Times New Beginnings Foundation Inner Circle Inc ($53k), Cisd Educational Support Groups Inc ($53k) and Competitive Edge Eq Incorporated ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $308k against liabilities of $0, net assets of $308k.