Wheel Power Christian Cyclists Inc

Analysis

Wheel Power Christian Cyclists Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Wheel Power Christian Cyclists Inc reported income of $103k and spending of $91k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $103k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wheel Power Christian Cyclists Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include National Capital Baptist Convention of Wash DC & Vicinty ($103k), House of the Lord Healing Ministries ($103k) and BMS Charity Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $29k (31% of expenses). At year end it held assets of $545k against liabilities of $0, net assets of $545k. It reported 1 employees.