Southwest Wings Inc

Analysis

Southwest Wings Inc is a registered charity in United States, based in Hereford, AZ. It received its IRS tax-exemption ruling in November 1994, 32 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 December 2023, Southwest Wings Inc reported income of $75k and spending of $82k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $246k to $75k (-69%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Wings Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include Friends of Tanzania-Marafiki Wa Tanzania ($75k), Mitchell County Food Bank Corporation ($75k) and Coordination Council of the Dixie Home & School Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 89% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.