Winchester Downtown Program

Analysis

Winchester Downtown Program is a registered charity in United States, based in Winchester, TN. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Winchester Downtown Program reported income of $472k and spending of $181k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $472k (+6.5%), an average of +1.6% a year. Over the whole period it spent 41% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Winchester Downtown Program sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Junior League of Las Vegas Inc ($472k), Raymond Ballard Apartments Housing Development Fund Corporation ($472k) and Vnsa Volunteer Nonprofit Service Assoc ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $52k. At year end it held assets of $1.5m against liabilities of $4,138, net assets of $1.5m. It reported 1 employees.