Sharing Wheels

Analysis

Sharing Wheels is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sharing Wheels reported income of $172k and spending of $146k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $172k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sharing Wheels sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include The Fayetteville Manlius All Sports Booster Club Inc ($172k), Carolina Studios Corp ($172k) and Marshall County Fair Assocation Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 5.2% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.