Wings of Eagles Discovery Center

Analysis

Wings of Eagles Discovery Center is a registered charity in United States, based in Horseheads, NY. It received its IRS tax-exemption ruling in December 1983, 43 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 (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 2022, Wings of Eagles Discovery Center reported income of $162k and spending of $157k, spending 97% of its income. Across the 2 years on record, from December 2019 to December 2022, income fell from $408k to $162k (-60%), an average of -60% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wings of Eagles Discovery Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Suncoast Black Arts Collaborative Inc ($162k), Iron Mountain Railway ($162k) and Fine Arts Fiesta ($162k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 51% and program service revenue 47% of the total. At year end it held assets of $275k against liabilities of $68k, net assets of $207k.