Shared-Use Mobility Center

Analysis

Shared-Use Mobility Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover social science, 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 June 2023, Shared-Use Mobility Center reported income of $2.4m and spending of $2.7m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.4m (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shared-Use Mobility Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Eureka McConnell Science Museum ($2.4m), North Iowa Cultural Center and Museum ($2.4m) and The British Academy of Film and Television Arts Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $195k (7.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $865k against liabilities of $325k, net assets of $541k. It reported 27 employees.