Finlys Wings at Work

Analysis

Finlys Wings at Work is a registered charity in United States, based in New Richland, MN. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Finlys Wings at Work reported income of $64k and spending of $31k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $64k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Finlys Wings at Work 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 25th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Burlington Iowa Kiwanis Club Activities Inc ($64k), Bunnell Marching Band Parents Inc ($64k) and National Society of the Daughters of the American Revolution ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.