Spokes Unlimited

Analysis

Spokes Unlimited is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 September 2023, Spokes Unlimited reported income of $355k and spending of $351k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $368k to $355k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to September 2022, when income dropped by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spokes Unlimited sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Macon County Care Network ($355k), California Council for the Social Studies Inc ($355k) and The Shepherds Center of Richmond ($355k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $66k (19% of expenses). Other salaries and wages came to $148k. At year end it held assets of $314k against liabilities of $39k, net assets of $275k.