Susan Roberson Wade Memorial Car Rally

Analysis

Susan Roberson Wade Memorial Car Rally is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Susan Roberson Wade Memorial Car Rally reported income of $108k and spending of $112k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $108k (-9.6%), an average of -9.6% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Susan Roberson Wade Memorial Car Rally sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Callaway Hospital District Foundation Inc ($108k), Schneck Medical Center Guild ($108k) and Preventive & Alternative Medicine Research Center ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.