Wingsforgrowth

Analysis

Wingsforgrowth is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in July 2016, 10 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, Wingsforgrowth reported income of $355k and spending of $115k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $338k to $355k (+5.2%), an average of +5.2% a year. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wingsforgrowth sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Foundation for Eden Prairie Schools ($355k), Union Center Christian School Inc ($355k) and Tiferes Golda Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $75k (65% of expenses). At year end it held assets of $833k against liabilities of $4,343, net assets of $829k.