Wheels Transportation Inc
Analysis
Wheels Transportation Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2018, 8 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, Wheels Transportation Inc reported income of $271k and spending of $242k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $216k to $271k (+26%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 79% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wheels Transportation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Ivy Table Inc ($271k), Northmen Den Youth Pantries Inc ($271k) and Mifik Global Mission ($271k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.1% of the total. Other salaries and wages came to $55k. At year end it held assets of $377k against liabilities of $4,545, net assets of $372k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 2.1%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ivy Table Inc | Brighton | $271k |
| Northmen Den Youth Pantries Inc | Petoskey | $271k |
| Mifik Global Mission | Austin | $271k |
| Preschool at Chapel of the Cross | Chapel Hill | $272k |