Wheels of Happiness Foundation Inc

Analysis

Wheels of Happiness Foundation Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wheels of Happiness Foundation Inc reported income of $82k and spending of $74k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $82k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wheels of Happiness Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($82k), Harvard-Kent Parents Association Inc ($82k) and Veterans Lower Elementary School PTO ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.