Wings Learning Center Inc

Analysis

Wings Learning Center Inc is a registered charity in United States, based in San Bruno, CA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Wings Learning Center Inc reported income of $2.4m and spending of $3.4m, spending 139% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.6m to $2.4m (-32%), an average of -9.3% a year. The sharpest change came in the year to August 2023, when income dropped by 26%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wings Learning Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Hertford County Educational Foundation Inc ($2.4m), May Center for Learning ($2.4m) and Truckee Meadows Community College Foundation ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.8% and program service revenue 112% of the total. Compensation of current officers, directors and key employees was $138k (4.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.5m against liabilities of $264k, net assets of $1.2m. It reported 41 employees.