Winsted Health Center Foundation Inc

Analysis

Winsted Health Center Foundation 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 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 December 2023, Winsted Health Center Foundation Inc reported income of $197k and spending of $182k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $197k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 108% 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 Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include Washington Healthcare Access Alliance ($197k), David Moore Foundation ($197k) and 423 Communities International ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.