Winchester Seniors Association Trust

Analysis

Winchester Seniors Association Trust is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Winchester Seniors Association Trust reported income of $253k and spending of $141k, leaving 44% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $13k to $253k (+1917%), an average of +112% a year. The sharpest change came in the year to March 2024, when income rose by 721%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winchester Seniors Association Trust 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 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Camp Maranatha Inc ($253k), Roncalli Apartments Inc ($253k) and PTA Florida Congress ($253k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.