Talon Eagle S Wing Ministry Corp

Analysis

Talon Eagle S Wing Ministry Corp is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, Talon Eagle S Wing Ministry Corp reported income of $80k and spending of $66k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $798k to $80k (-90%), an average of -90% a year. The sharpest change came in the year to June 2023, when income dropped by 90%. Over the whole period it spent 14% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Talon Eagle S Wing Ministry Corp sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Team CMMD Foundation ($80k), Kollel Academy of Advanced Jewish Education ($80k) and Victory Bell Club Inc ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $717k against liabilities of $0, net assets of $717k.