The Fellowship Home of Winston- Salem North Carolina Inc

Analysis

The Fellowship Home of Winston- Salem North Carolina Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 1980, 46 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 June 2024, The Fellowship Home of Winston- Salem North Carolina Inc reported income of $141k and spending of $168k, spending 119% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $232k to $141k (-40%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fellowship Home of Winston- Salem North Carolina Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Gregory Community Day Care Center Inc ($140k), Mount Clemens Regional Healthcare Foundation ($141k) and Wake Robin Residents Association Incorporated ($140k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $38k (23% of expenses). Other salaries and wages came to $28k. At year end it held assets of $510k against liabilities of $4,325, net assets of $505k. It reported 8 employees.