Singing Winds Inc

Analysis

Singing Winds Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Singing Winds Inc reported income of $185k and spending of $173k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $157k to $185k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Singing Winds Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Sola Contemporary ($185k), Center Grove Fine Arts Academy Inc ($185k) and Asian Culture and Media Alliance Inc ($185k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 9.2% of the total. At year end it held assets of $148k against liabilities of $77k, net assets of $71k.