The Wynn House Inc

Analysis

The Wynn House Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Wynn House Inc reported income of $555k and spending of $502k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $555k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 174%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Wynn House Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include New Day Inc of Spartanburg ($555k), The Kansas Learning Center for Health Inc ($555k) and Able Hands Inc ($555k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $43k (8.5% of expenses). Other salaries and wages came to $81k. At year end it held assets of $1.3m against liabilities of $9,817, net assets of $1.3m. It reported 3 employees.