Why Not Win Institute Inc

Analysis

Why Not Win Institute Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Why Not Win Institute Inc reported income of $219k and spending of $272k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $223k to $219k (-2.0%), an average of -2.0% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Why Not Win Institute Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Fund for the Pacific Century ($219k), Old Believer Private School ($219k) and Entrepreneurs Organization ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). Other salaries and wages came to $108k. At year end it held assets of $108k against liabilities of $50k, net assets of $59k. It reported 2 employees.