Winston Starts

Analysis

Winston Starts is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Winston Starts reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Winston Starts sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Northern Aroostook Alternatives Inc ($1.3m), Womens Civic Improvement Club of Sacramento ($1.3m) and Circuit Rider Community Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $115k (8.7% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.8m against liabilities of $4,967, net assets of $1.8m. It reported 5 employees.