Charities Inc Wheeling 28
EIN: 556020821 · Wheeling, WV
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $30K |
| Net Assets | $144K |
Is Charities Inc Wheeling 28 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charities Inc Wheeling 28
Charities Inc Wheeling 28 (EIN: 556020821) is a nonprofit organization based in Wheeling, WV. The organization reported total revenue of $41K and total assets of $146K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charities Inc Wheeling 28's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charities Inc Wheeling 28 is a micro nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 30.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $30K |
| Surplus / Deficit | +$2K |
| Total Assets | $144K |
| Net Assets | $144K |
| Operating Margin | 4.9% |
| Months of Reserves | 58.1 months |
Financial Health Grade: A
In 2024, Charities Inc Wheeling 28 reported a surplus of $2K with revenue exceeding expenses, holds 58.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Charities Inc Wheeling 28's revenue has grown at a compound annual growth rate (CAGR) of 30.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +187.4% | +417.8% | +40.1% |
| 2023 | +33.2% | +7.8% | -13.4% |
| 2022 | +17.7% | +7.1% | +3.1% |
| 2021 | +32.6% | -0.5% | +41.5% |
| 2020 | -32.1% | +4.9% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charities Inc Wheeling 28 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charities Inc Wheeling 28 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Charities Inc Wheeling 28
Is Charities Inc Wheeling 28 a legitimate charity?
Charities Inc Wheeling 28 (EIN: 556020821) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $41K. No red flags identified. Financial health grade: A.
How does Charities Inc Wheeling 28 spend its money?
Charities Inc Wheeling 28 reported $41K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charities Inc Wheeling 28 tax-deductible?
Charities Inc Wheeling 28 is registered as a tax-exempt nonprofit (EIN: 556020821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charities Inc Wheeling 28 located?
Charities Inc Wheeling 28 is headquartered in Wheeling, West Virginia and files with the IRS under EIN 556020821.
How many years of IRS 990 filings does Charities Inc Wheeling 28 have?
Charities Inc Wheeling 28 has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $41K in total revenue.
Filing History
IRS 990 filing history for Charities Inc Wheeling 28 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Charities Inc Wheeling 28's revenue has grown by 2324.3%, moving from $1K to $31K. Total assets increased by 90.3% over the same period, from $76K to $144K. Total functional expenses rose by 628.7%, from $4K to $30K. In its most recent filing year (2024), Charities Inc Wheeling 28 reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $31K | $30K | $144K | $0 | — | — |
| 2023 | $11K | $6K | $103K | $0 | — | View 990 |
| 2022 | $8K | $5K | $119K | $0 | — | — |
| 2021 | $7K | $5K | $115K | $0 | — | — |
| 2020 | $5K | $5K | $81K | $0 | — | View 990 |
| 2019 | $8K | $5K | $92K | $0 | — | View 990 |
| 2018 | $7K | $4K | $93K | $0 | — | View 990 |
| 2017 | $4K | $4K | $85K | $0 | — | View 990 |
| 2016 | $2K | $4K | $82K | $0 | — | View 990 |
| 2015 | $3K | $4K | $91K | $0 | — | View 990 |
| 2014 | $3K | $4K | $88K | $0 | — | View 990 |
| 2013 | $3K | $4K | $78K | $0 | — | View 990 |
| 2012 | $1K | $4K | $76K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $31K, expenses of $30K, and assets of $144K (revenue +187.4% year-over-year).
- 2023: Revenue of $11K, expenses of $6K, and assets of $103K (revenue +33.2% year-over-year).
- 2022: Revenue of $8K, expenses of $5K, and assets of $119K (revenue +17.7% year-over-year).
- 2021: Revenue of $7K, expenses of $5K, and assets of $115K (revenue +32.6% year-over-year).
- 2020: Revenue of $5K, expenses of $5K, and assets of $81K (revenue -32.1% year-over-year).
- 2019: Revenue of $8K, expenses of $5K, and assets of $92K (revenue +18.1% year-over-year).
- 2018: Revenue of $7K, expenses of $4K, and assets of $93K (revenue +76.8% year-over-year).
- 2017: Revenue of $4K, expenses of $4K, and assets of $85K (revenue +54.7% year-over-year).
- 2016: Revenue of $2K, expenses of $4K, and assets of $82K (revenue -17.9% year-over-year).
- 2015: Revenue of $3K, expenses of $4K, and assets of $91K (revenue +15.3% year-over-year).
- 2014: Revenue of $3K, expenses of $4K, and assets of $88K (revenue -4.4% year-over-year).
- 2013: Revenue of $3K, expenses of $4K, and assets of $78K (revenue +104.3% year-over-year).
- 2012: Revenue of $1K, expenses of $4K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charities Inc Wheeling 28:
Data Sources and Methodology
This transparency report for Charities Inc Wheeling 28 is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.