Wings of Hope Malawi

Analysis

Wings of Hope Malawi is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2024, Wings of Hope Malawi reported income of $54k and spending of $52k, spending 98% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $110k to $54k (-51%), an average of -51% a year. The sharpest change came in the year to August 2024, when income dropped by 51%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wings of Hope Malawi sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include All World Gayatri Pariwar - Louisiana ($54k), Light of God Transformation Ministry Inc ($54k) and Visionwriters International Incorporated ($54k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.