Friends of Winnacunnet Endowment Foundation

Analysis

Friends of Winnacunnet Endowment Foundation is a registered charity in United States, based in Hampton, NH. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Friends of Winnacunnet Endowment Foundation reported income of $123k and spending of $2,773, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $6,023 to $123k (+1950%), an average of +1950% a year. The sharpest change came in the year to December 2023, when income rose by 1950%. Over the whole period it spent 11% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Winnacunnet Endowment Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within NH. Charities of a similar size with the same main cause include Delmarva Irish American Club ($123k), Boone Electric Community Trust ($124k) and Power of Play Charitable Fund Inc ($123k).

At year end it held assets of $368k against liabilities of $0, net assets of $368k.