Wingspan Life Resources

Analysis

Wingspan Life Resources is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1993, 33 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 June 2024, Wingspan Life Resources reported income of $18.1m and spending of $17.7m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $11.8m to $18.1m (+53%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wingspan Life Resources sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Jones-Harrison Residence Corporation ($18.1m), Colorado Springs Independence Center ($18.1m) and Shared Living Collaborativeincorporated ($18.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $317k (1.8% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $14.4m against liabilities of $1.4m, net assets of $13.0m. It reported 444 employees.