Family Action Network of Winchester Inc

Analysis

Family Action Network of Winchester Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Action Network of Winchester Inc reported income of $73k and spending of $66k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $73k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Action Network of Winchester Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Gods Meal Barrel Inc ($73k), Guardian Long Range Competition ($73k) and True Vine Services Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 73% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.