Wings Program Inc
Analysis
Wings Program Inc is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Wings Program Inc reported income of $11.1m and spending of $10.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $11.1m (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 91% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wings Program Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include St Christophers Inn Inc ($11.0m), Housing Hope ($11.1m) and Habitat for Humanity of Metro Louisville Inc ($11.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $666k (6.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $25.9m against liabilities of $7.4m, net assets of $18.5m. It reported 158 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 0.9%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Christophers Inn Inc | Garrison | $11.0m |
| Housing Hope | Everett | $11.1m |
| Habitat for Humanity of Metro Louisville Inc | Louisville | $11.0m |
| Eden Retirement Center Inc | Glen Carbon | $11.1m |