Winchester Education Foundation Inc

Analysis

Winchester Education Foundation Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Winchester Education Foundation Inc reported income of $182k and spending of $373k, spending 205% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $696k to $182k (-74%), an average of -28% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winchester Education Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include The Learning Curve Inc ($182k), Cerro Cosco Community College Foundation Inc ($182k) and Kidz Clubhouse ($182k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $39k (11% of expenses). It paid $46k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $17k, net assets of $2.4m. It reported 1 employees.