Winchester Committee for a Better Chance Inc

Analysis

Winchester Committee for a Better Chance Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in June 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Winchester Committee for a Better Chance Inc reported income of $223k and spending of $250k, spending 112% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $169k to $223k (+32%), an average of +9.6% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Winchester Committee for a Better Chance Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Perth Amboy Young Mens Christian Assoc ($223k), Food Is Free Albuquerque Chapter ($223k) and Leisure World Foundation of Arizona Inc ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $48k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 4 employees.