Angels on Wheels Inc

Analysis

Angels on Wheels Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Angels on Wheels Inc reported income of $1.2m and spending of $678k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.2m (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels on Wheels Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Westminster-Canterbury Child Care Center ($1.2m), Victim Resource Center of the Finger Lakes Inc ($1.2m) and Nasry Michelen Day Care Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $131k (19% of expenses). Other salaries and wages came to $152k. At year end it held assets of $2.4m against liabilities of $845k, net assets of $1.6m. It reported 6 employees.