Project Mobility Cycles for Life Inc

Analysis

Project Mobility Cycles for Life Inc is a registered charity in United States, based in Saint Charles, IL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Mobility Cycles for Life Inc reported income of $177k and spending of $178k, spending 100% of its income. Across the 6 years on record, from December 2016 to December 2023, income fell from $391k to $177k (-55%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project Mobility Cycles for Life Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Lee County Coalition for a Drug-Free Southwest Florida Inc ($177k), Ihope Inc ($177k) and Dothan-Houston County Substance Abuse Partnership Inc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.