Winchester Foundation for Educational Excellence Inc

Analysis

Winchester Foundation for Educational Excellence Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Winchester Foundation for Educational Excellence Inc reported income of $295k and spending of $326k, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $299k to $295k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Winchester Foundation for Educational Excellence Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include The Bair Investment Corporation ($295k), Ja Taylor Foundation Inc ($295k) and Hamilton Educational Foundation Inc ($294k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 48% of the total. At year end it held assets of $312k against liabilities of $1,731, net assets of $311k. It reported 2 employees.