Wingstop Charities

Analysis

Wingstop Charities is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Wingstop Charities reported income of $2.4m and spending of $2.0m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $193k to $2.4m (+1146%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wingstop Charities 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 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Carteret County General Hospital Foundation Corporation ($2.4m), Volunteer Service Bureau of Westchester Inc ($2.4m) and Pillars Fund ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $96k (4.9% of expenses). Other salaries and wages came to $95k. At year end it held assets of $1.1m against liabilities of $82k, net assets of $1.1m.