Winding Trails Inc
Analysis
Winding Trails Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in February 1959, 67 years ago. 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 September 2023, Winding Trails Inc reported income of $4.1m and spending of $3.7m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.4m to $4.1m (+20%), an average of +4.6% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winding Trails Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Housing Resources Inc ($4.1m), Hunterdon Preparatory School a Nonprofit Organization ($4.1m) and San Diego Interfaith Housing Foundation ($4.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.4% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $313k (8.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $8.5m against liabilities of $296k, net assets of $8.2m. It reported 265 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.4%
- Program services 87%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Housing Resources Inc | Kalamazoo | $4.1m |
| Hunterdon Preparatory School a Nonprofit Organization | Annandale | $4.1m |
| San Diego Interfaith Housing Foundation | Lemon Grove | $4.1m |
| Transformation Center Inc | Worcester | $4.1m |