Windsync

Analysis

Windsync is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2023, Windsync reported income of $362k and spending of $384k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $365k to $362k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to July 2023, when income rose by 58%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Windsync sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Morris County Historical Society ($362k), Houston Childrens Chorus Inc ($362k) and Harrison Museum of African American Culture ($362k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $55k (14% of expenses). Other salaries and wages came to $158k. At year end it held assets of $159k against liabilities of $2,416, net assets of $157k. It reported 6 employees.