40 Winks Foundation

Analysis

40 Winks Foundation is a registered charity in United States, based in Oakdale, MN. It received its IRS tax-exemption ruling in January 2010, 16 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 December 2023, 40 Winks Foundation reported income of $96k and spending of $107k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $96k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 40 Winks Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Penuel Ridge Retreat Center ($96k), Webhannet Charitable Foundation Inc ($96k) and Caribbean American National Development Organization Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.