Winona Arms Inc

Analysis

Winona Arms Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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 June 2024, Winona Arms Inc reported income of $526k and spending of $504k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $487k to $526k (+8.1%), an average of +2.0% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winona Arms Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Mke Air & Water Show Inc ($526k), Blue Hill Observatory Science Center Inc ($526k) and A B L E Families Inc ($526k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.7m against liabilities of $1.7m, net assets of -$5,095.