Winsted Playground Association

Analysis

Winsted Playground Association is a registered charity in United States, based in Colebrook, CT. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Playground Association reported income of $110k and spending of $34k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $110k (+114%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 694%. Over the whole period it spent 29% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winsted Playground Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Wheel B Herd Inc ($110k), CNP Soccer Association ($110k) and Woodley Youth Cricket Academy ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.