Wings of Valor Inc

Analysis

Wings of Valor Inc is a registered charity in United States, based in Parker, SD. It received its IRS tax-exemption ruling in April 2020, 6 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 (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, Wings of Valor Inc reported income of $490k and spending of $418k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $229k to $490k (+114%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wings of Valor Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within SD. Charities of a similar size with the same main cause include Re Pruitt Organization ($490k), Dr S E Thompson Scholarship Fund ($490k) and Assistant League of Greater Placer ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.9% of the total. At year end it held assets of $413k against liabilities of $11k, net assets of $402k.