Queen City Wheels Inc

Analysis

Queen City Wheels Inc is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Queen City Wheels Inc reported income of $61k and spending of $56k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $61k (+5.5%), an average of +5.5% a year. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Queen City Wheels Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Black Creek Sportsmans Club Inc ($61k), River Valley Special Recreation Foundation ($61k) and North Reading Youth Softball ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 89% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.