Rock on Wheels Inc

Analysis

Rock on Wheels Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rock on Wheels Inc reported income of $509k and spending of $414k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $903k to $509k (-44%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rock on Wheels Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within ID. Charities of a similar size with the same main cause include Museum Association of New York ($508k), The Friends of the Wanamaker Organ Inc ($509k) and Friends of Banning Park Corporation ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $194k. At year end it held assets of $1.6m against liabilities of $433k, net assets of $1.2m. It reported 4 employees.