The IUCN has assessed the sulphur-winged parakeet as being of Least Concern. Though it has a fairly small range, it has an estimated population of 20,000 to 50,000 mature individuals that is believed to be stable.
The IUCN's assessment of the sulphur-winged parakeet as "Least Concern" indicates it is not currently threatened with extinction.  While its range is limited, its population size is estimated to be stable at 20,000 to 50,000 mature individuals.