Wilson Rides Inc

Analysis

Wilson Rides Inc is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in April 2020, 6 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, Wilson Rides Inc reported income of $143k and spending of $181k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $189k to $143k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wilson Rides Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include Broad Brook Community Center Inc ($143k), Trinity Heights Respite Care Program Inc ($143k) and Urban Sparks ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $63k (35% of expenses). Other salaries and wages came to $19k. At year end it held assets of $58k against liabilities of $6,772, net assets of $51k. It reported 2 employees.