12 Winds Foundation

Analysis

12 Winds Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, 12 Winds Foundation reported income of $58k and spending of $62k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $58k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 12 Winds Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within OK. Charities of a similar size with the same main cause include Judson Area Aquatic Club Inc ($58k), Tomah Sports Boosters ($58k) and Capital District Aquatics Corporation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 0.4% of the total. At year end it held assets of $12k against liabilities of $66, net assets of $12k.