Winnett Aces Inc
Analysis
Winnett Aces Inc is a registered charity in United States, based in Winnett, MT. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Winnett Aces Inc reported income of $637k and spending of $549k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $520k to $637k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 75% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Winnett Aces Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MT. Charities of a similar size with the same main cause include Student Parenting and Family Services Inc ($637k), Tuesdays Child ($637k) and Northwest Berry Foundation ($636k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Other salaries and wages came to $111k. At year end it held assets of $674k against liabilities of $6,179, net assets of $668k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 2.9%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Student Parenting and Family Services Inc | New Haven | $637k |
| Tuesdays Child | Chicago | $637k |
| Northwest Berry Foundation | Portland | $636k |
| Isaiah 58 Inc | Nashville | $637k |