Open Wings Learning Community Inc

Analysis

Open Wings Learning Community Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Open Wings Learning Community Inc reported income of $845k and spending of $793k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $488k to $845k (+73%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Wings Learning Community Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Greater Palm Springs Tourism Foundation ($845k), Nevada Broadcasters Foundation ($845k) and Foundation for Lovejoy Schools ($845k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $567k. At year end it held assets of $81k against liabilities of $19k, net assets of $62k. It reported 39 employees.