Wine on Wheels Inc

Analysis

Wine on Wheels Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wine on Wheels Inc reported income of $154k and spending of $58k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $81k to $154k (+90%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wine on Wheels Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include McKinley III Inc ($154k), Rockbridge Christmas Basket Inc ($154k) and Shekinah Glory Fire Ministries Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $252k against liabilities of $3,351, net assets of $249k.