Wings of Promise Inc

Analysis

Wings of Promise Inc is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Wings of Promise Inc reported income of $130k and spending of $125k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $130k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wings of Promise Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include The Aphasia Recovery Connection Inc ($130k), Saint Barthelemy Medical Equipment Foundation Inc ($130k) and Spring Valley Senior Staying Put Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,658 against liabilities of $0, net assets of $7,658.