Wings Homeschool Group

Analysis

Wings Homeschool Group is a registered charity in United States, based in Buffalo, MN. It received its IRS tax-exemption ruling in May 2008, 18 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 May 2024, Wings Homeschool Group reported income of $565k and spending of $567k, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $323k to $565k (+75%), an average of +15% a year. The sharpest change came in the year to May 2022, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wings Homeschool Group sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Union Academy Private Prekindergarten ($565k), Foundation for the Young Womens Leadership Academy of Fort Worth ($566k) and Student Publications Inc ($565k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $83k (15% of expenses). At year end it held assets of $25k against liabilities of $0, net assets of $25k.