South Lane Wheels Inc

Analysis

South Lane Wheels Inc is a registered charity in United States, based in Cottage Grove, OR. It received its IRS tax-exemption ruling in October 1982, 44 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, South Lane Wheels Inc reported income of $856k and spending of $833k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $400k to $856k (+114%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Lane Wheels Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Wells County Council on Aging Inc ($856k), Northern California Family ($856k) and Love-N-Home Child Care Inc ($856k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $139k (17% of expenses). Other salaries and wages came to $299k. At year end it held assets of $462k against liabilities of $24k, net assets of $438k. It reported 13 employees.