Wings of Refuge

Analysis

Wings of Refuge is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Refuge reported income of $887k and spending of $718k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $796k to $887k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wings of Refuge sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Corporacion Milagros Del Amor ($887k), Sandusky County Share and Care Center ($888k) and Camden Community Crisis Center Inc ($887k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $75k (10% of expenses). Other salaries and wages came to $395k. At year end it held assets of $1.4m against liabilities of $32k, net assets of $1.4m. It reported 25 employees.