Friends of Winnataska Inc

Analysis

Friends of Winnataska Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Friends of Winnataska Inc reported income of $313k and spending of $90k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $416k to $313k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 62% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Winnataska Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Lilys Pad ($312k), Lakes Area Recreation Association Inc ($313k) and Boys & Girls Club of Gila Valley ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.5m against liabilities of $59k, net assets of $1.5m.