Wings of a Butterfly

Analysis

Wings of a Butterfly is a registered charity in United States, based in Richland HLS, TX. It received its IRS tax-exemption ruling in April 2001, 25 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 2022, Wings of a Butterfly reported income of $269k and spending of $101k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2018 to December 2022, income grew from $121k to $269k (+123%), an average of +123% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wings of a Butterfly sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Washington Wildlife First ($269k), Putnam County Achievement Services ($269k) and National Capital Foundation for Homecrest House Inc ($269k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. It paid $7,700 in professional fundraising fees. At year end it held assets of $666k against liabilities of $0, net assets of $666k.