Dragonfly Wings Foundation

Analysis

Dragonfly Wings Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dragonfly Wings Foundation reported income of $122k and spending of $144k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $122k (-92%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dragonfly Wings Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Linden Athletic Boosters Club ($122k), Rotary Club of Arden Aracade Foundation ($122k) and Science National Honor Society Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.1% of the total. At year end it held assets of $1.8m against liabilities of $3,260, net assets of $1.8m.