Wishes on Wheels Inc

Analysis

Wishes on Wheels Inc is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Wishes on Wheels Inc reported income of $137k and spending of $119k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $137k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wishes on Wheels Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Magic City Bar Association ($137k), The Somerset Patriots Childrens Educational and Sportmanship ($137k) and Strata Foundation Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.