First Win

Analysis

First Win is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Win reported income of $56k and spending of $28k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $56k (-1.4%), an average of -1.4% a year. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Win sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Lake of Four Seasons Lions Club ($56k), King Sovereign Farms ($56k) and Menlo Charity Horse Show ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.