Wings for Kids

Analysis

Wings for Kids is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wings for Kids reported income of $4.6m and spending of $5.3m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.0m to $4.6m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wings for Kids sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Relief Resources Inc ($4.6m), YWCA Northwestern Illinois ($4.6m) and Child & Family Services Inc of Lea County ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $188k (3.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.9m against liabilities of $407k, net assets of $3.4m. It reported 179 employees.