Wing Family of America Inc

Analysis

Wing Family of America Inc is a registered charity in United States, based in East Sandwich, MA. It received its IRS tax-exemption ruling in January 1942, 84 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Wing Family of America Inc reported income of $168k and spending of $86k, leaving 49% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income fell from $196k to $168k (-14%), an average of -3.7% a year. The sharpest change came in the year to May 2021, when income dropped by 58%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wing Family of America Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Ipalpiti Artists International Inc ($168k), Dillard Center for the Arts Foundation ($168k) and Friends of Norwegian Culture Inc ($168k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $952k against liabilities of $0, net assets of $952k.