Wings of Hope for Pancreatic Cancer Research

Analysis

Wings of Hope for Pancreatic Cancer Research is a registered charity in United States, based in Castle Pines, CO. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wings of Hope for Pancreatic Cancer Research reported income of $208k and spending of $336k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $208k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 521%. Over the whole period it spent 83% 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 Hope for Pancreatic Cancer Research sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Confederacion Americana de Urologia Cau Inc ($208k), Richmond-Wayne County Halfway House Corporation ($208k) and Grider Initiative Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.