Wings As Eagles Ministries

Analysis

Wings As Eagles Ministries is a registered charity in United States, based in Caputa, SD. It received its IRS tax-exemption ruling in November 1997, 29 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 As Eagles Ministries reported income of $1.2m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $716k to $1.2m (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 467%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wings As Eagles Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within SD. Charities of a similar size with the same main cause include Independent Living Partnership ($1.2m), Chautauqua Adult Day Care Centers Incorporated ($1.2m) and Iowa Food Bank Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (6.8% of expenses). Other salaries and wages came to $7,936. At year end it held assets of $2.2m against liabilities of $967k, net assets of $1.3m. It reported 10 employees.