Wings Flights of Hope Inc

Analysis

Wings Flights of Hope Inc is a registered charity in United States, based in Orchard Park, NY. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, Wings Flights of Hope Inc reported income of $673k and spending of $665k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $673k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 112% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Wings Flights of Hope Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Kenly Volunteer Fire Dept ($673k), Wrights Corners Fire Company Inc ($673k) and Upperco Volunteer Fire Company Inc ($672k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $351k against liabilities of $522k, net assets of -$172k.