Wish for Wheels

Analysis

Wish for Wheels is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2005, 21 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 June 2023, Wish for Wheels reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $920k to $1.8m (+92%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 146%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wish for Wheels sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Stack Up ($1.8m), Nevada Disability Advocacy and Law Center Inc ($1.8m) and New Futures ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $243k (16% of expenses). Other salaries and wages came to $236k. At year end it held assets of $957k against liabilities of $113k, net assets of $844k. It reported 7 employees.