Common Wheel

Analysis

Common Wheel is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Common Wheel reported income of $493k and spending of $543k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $772k to $493k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Common Wheel sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include San Marcos Youth Baseball ($493k), Bryn du Commission ($493k) and Liberty Hill Youth Soccer Association ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $215k. At year end it held assets of $273k against liabilities of $280k, net assets of -$7,180. It reported 14 employees.