Winwood Apartments Inc

Analysis

Winwood Apartments Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Winwood Apartments Inc reported income of $491k and spending of $475k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $491k (+12%), an average of +2.8% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Winwood Apartments Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Lacasa Village Inc ($491k), Tysons Community Development Inc ($491k) and Ucc Xxi Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $84k. At year end it held assets of $750k against liabilities of $1.3m, net assets of -$548k.