Wings Early Childhood Center Inc

Analysis

Wings Early Childhood Center Inc is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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 June 2023, Wings Early Childhood Center Inc reported income of $1.5m and spending of $663k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $615k to $1.5m (+144%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wings Early Childhood Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Edvisions Off-Campus Charter School ($1.5m), Talleres de Oracion Y Vida Prayer and Life Workshops Inc ($1.5m) and Griffin Hospital Development Fund Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $101k (15% of expenses). At year end it held assets of $1.5m against liabilities of $9,759, net assets of $1.5m. It reported 22 employees.