Wings for Widows

Analysis

Wings for Widows is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wings for Widows reported income of $294k and spending of $241k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $294k (+150%), an average of +150% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wings for Widows sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Blanco Good Samaritan Center Inc ($294k), City Outreach Foundation Inc ($294k) and Jewish Relief Agency ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $35k (15% of expenses). Other salaries and wages came to $54k. At year end it held assets of $113k against liabilities of $6,606, net assets of $106k. It reported 6 employees.