Winchester Royals Inc

Analysis

Winchester Royals Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Winchester Royals Inc reported income of $82k and spending of $74k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $88k to $82k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 1539%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winchester Royals Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Cloud City Mountain Sports ($82k), Grizzlies Youth Football League ($82k) and Bike Campaign ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 76% of the total. Other salaries and wages came to $15k. At year end it held assets of $8,270 against liabilities of $0, net assets of $8,270. It reported 22 employees.