Wheeling Township Report Inc

Analysis

Wheeling Township Report Inc is a registered charity in United States, based in Arlington Heights, IL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 February 2024, Wheeling Township Report Inc reported income of $77k and spending of $77k, spending 100% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $85k to $77k (-8.5%), an average of -8.5% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wheeling Township Report Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Kiwanis Club of Fort Collins-Eyeopeners Foundation ($77k), Canisteo Police Club ($77k) and Lucas Magazine Community Foundation Inc ($77k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $5 against liabilities of $0, net assets of $5.