Winning Futures

Analysis

Winning Futures is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Winning Futures reported income of $1.8m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winning Futures sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Arab Student Aid Internationalcorporation ($1.8m), Hawaii Childrens Action Network ($1.8m) and Harmony Montessori School ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $125k (7.2% of expenses). Other salaries and wages came to $982k. At year end it held assets of $4.8m against liabilities of $103k, net assets of $4.7m. It reported 24 employees.