Winners Circle Project

Analysis

Winners Circle Project is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in September 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 June 2023, Winners Circle Project reported income of $993k and spending of $730k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $164k to $993k (+507%), an average of +507% a year. The sharpest change came in the year to June 2023, when income rose by 507%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winners Circle Project sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Ventura County Christian High School ($993k), Palm Academy Inc ($994k) and University of Florida College of Nursing Faculty Practice Associati ($993k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $120k (16% of expenses). Other salaries and wages came to $60k. At year end it held assets of $474k against liabilities of $111k, net assets of $363k. It reported 2 employees.