All Wheels Up Inc

Analysis

All Wheels Up Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, All Wheels Up Inc reported income of $150k and spending of $118k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $105k to $150k (+43%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, All Wheels Up Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Have Faith Community Development Corporation ($150k), Life Resources Community Outreach Inc ($150k) and Society of Saint Vincent de Paul St Gertrude Conference ($150k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.