Wings of Love Inc

Analysis

Wings of Love Inc is a registered charity in United States, based in Sun City Ctr, FL. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Love Inc reported income of $123k and spending of $123k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $550 to $123k (+22335%), an average of +22336% a year. The sharpest change came in the year to December 2023, when income rose by 22335%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wings of Love Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include RVC Community Fund Inc ($123k), Alms House Inc ($123k) and Fostering Faithfully ($123k).

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 $165 against liabilities of $0, net assets of $165.