Every Car Can

Analysis

Every Car Can is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Every Car Can reported income of $14.5m and spending of $11.9m, spending 82% of its income. Across the 5 years on record, from August 2019 to June 2023, income grew from $9.5m to $14.5m (+52%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Every Car Can sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Bricolage Academy ($14.5m), Nova Classical Academy ($14.5m) and Legacy Traditional School- Northwest Tucson Inc ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $422k (3.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.7m against liabilities of $742k, net assets of $5.9m. It reported 35 employees.