CheckMyDonation

We Win Institute Inc

RegisteredEIN 41-1820991Minneapolis, MNEducation and training
Income$2.9m2023-12
Spending$756ksame year
Spent / received45%5-year average
Size in its cause85th pctEducation and training
Exempt since1996Publicly supported organisat
Employees17latest return

Analysis

We Win Institute Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, We Win Institute Inc reported income of $2.9m and spending of $756k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $2.9m (+1004%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, We Win Institute Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Midlands STEM Charter School ($2.9m), Oak Mountain Academy Inc ($2.9m) and Bais Medrash Toras Chesed Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $71k (9.4% of expenses). Other salaries and wages came to $96k. At year end it held assets of $3.1m against liabilities of $235k, net assets of $2.8m. It reported 17 employees.

Income and spending

$0$726k$1.5m$2.2m$2.9m2019 Income: $262,9132019 Spending: $261,64120192020 Income: $320,4452020 Spending: $224,58420202021 Income: $747,5422021 Spending: $531,47920212022 Income: $806,2102022 Spending: $492,45220222023 Income: $2,902,2542023 Spending: $756,2722023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
Midlands STEM Charter SchoolWinnsboro$2.9m
Oak Mountain Academy IncCarrollton$2.9m
Bais Medrash Toras Chesed IncLakewood$2.9m
Frankford Valley Foundation for Literacy IIPhiladelphia$2.9m