Winnarainbow Inc

Analysis

Winnarainbow Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Winnarainbow Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.4m (-18%), an average of -4.9% a year. The sharpest change came in the year to September 2020, when income dropped by 51%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winnarainbow Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Coast Soccer League Inc ($1.4m), Harbor Soccer Club ($1.4m) and Liga Atletica Interuniversitaria ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $122k (8.6% of expenses). At year end it held assets of $1.6m against liabilities of $31k, net assets of $1.6m. It reported 107 employees.