Winter Place Inc

Analysis

Winter Place Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Winter Place Inc reported income of $146k and spending of $180k, spending 123% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $170k to $146k (-14%), an average of -4.9% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Winter Place Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Young People in Action Inc ($146k), Hudson Community First ($146k) and Safe Harbor Inc ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $338k against liabilities of $858k, net assets of -$520k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.