Destination Canal Winchester

Analysis

Destination Canal Winchester is a registered charity in United States, based in Canal WNCHSTR, OH. It received its IRS tax-exemption ruling in August 2002, 24 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, Destination Canal Winchester reported income of $203k and spending of $152k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $211k to $203k (-4.0%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Destination Canal Winchester sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Patriot Empowerment Institute ($203k), Morro Bay Bird Festival ($203k) and Putnam County Senior Citizens ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $45k (30% of expenses). Other salaries and wages came to $27k. At year end it held assets of $300k against liabilities of $0, net assets of $300k. It reported 2 employees.