Winsted Health Center Inc

Analysis

Winsted Health Center Inc is a registered charity in United States, based in Winsted, CT. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Winsted Health Center Inc reported income of $582k and spending of $570k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $597k to $582k (-2.6%), an average of -0.7% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Winsted Health Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Pleasant Acres Christian Haven Association ($581k), Dr Mary Fisher Medical Foundation ($582k) and Rock County Advocacy Services Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $160k. At year end it held assets of $1.8m against liabilities of $731k, net assets of $1.0m. It reported 5 employees.