Soaring Wings Foundation

Analysis

Soaring Wings Foundation is a registered charity in United States, based in Fountain Vly, CA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Soaring Wings Foundation reported income of $283k and spending of $413k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $283k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Soaring Wings Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include TCRH Inc ($283k), The Lazarus House a Center for Wellness ($283k) and Asbestos Disease Awareness Organization Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $190k, net assets of -$21k.