Wheelers Care Centers Inc
EIN: 232707346 · Glenmoore, PA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $871K |
| Total Expenses | $718K |
| Net Assets | $226K |
Is Wheelers Care Centers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wheelers Care Centers Inc
Wheelers Care Centers Inc (EIN: 232707346) is a nonprofit organization based in Glenmoore, PA, classified under NTEE code L22. The organization reported total revenue of $871K and total assets of $310K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wheelers Care Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wheelers Care Centers Inc is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $671K |
| Total Expenses | $718K |
| Surplus / Deficit | $-47,438 |
| Total Assets | $268K |
| Total Liabilities | $42K |
| Net Assets | $226K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 15.8% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Wheelers Care Centers Inc reported a deficit of $47K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 15.8% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Wheelers Care Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.7% | -0.3% | -6.3% |
| 2022 | -9.3% | +11.8% | -8.9% |
| 2021 | +20.7% | +-0.0% | +21.2% |
| 2020 | +12.8% | +11.8% | +28.1% |
| 2019 | -5.2% | -6.7% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wheelers Care Centers Inc 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 Wheelers Care Centers Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.8%.
Frequently Asked Questions about Wheelers Care Centers Inc
Is Wheelers Care Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wheelers Care Centers Inc (EIN: 232707346) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wheelers Care Centers Inc spend its money?
Detailed spending breakdown data is not yet available for Wheelers Care Centers Inc. Check back for updated IRS 990 analysis.
Are donations to Wheelers Care Centers Inc tax-deductible?
Wheelers Care Centers Inc is registered as a tax-exempt nonprofit (EIN: 232707346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wheelers Care Centers Inc located?
Wheelers Care Centers Inc is headquartered in Glenmoore, Pennsylvania and files with the IRS under EIN 232707346. It is classified under NTEE code L22.
How many years of IRS 990 filings does Wheelers Care Centers Inc have?
Wheelers Care Centers Inc has 8 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 $871K in total revenue.
Filing History
IRS 990 filing history for Wheelers Care Centers Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Wheelers Care Centers Inc's revenue has grown by 28.9%, moving from $520K to $671K. Total assets increased by 4.7% over the same period, from $256K to $268K. Total functional expenses rose by 54.3%, from $465K to $718K. In its most recent filing year (2023), Wheelers Care Centers Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $42K in liabilities against $268K in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $226K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $671K | $718K | $268K | $42K | — | — |
| 2022 | $697K | $720K | $286K | $13K | — | View 990 |
| 2021 | $768K | $644K | $314K | $17K | — | View 990 |
| 2020 | $636K | $644K | $259K | $85K | — | View 990 |
| 2019 | $564K | $576K | $202K | $20K | — | View 990 |
| 2018 | $594K | $617K | $217K | $23K | — | View 990 |
| 2017 | $152K | $161K | $248K | $31K | — | View 990 |
| 2016 | $520K | $465K | $256K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $671K, expenses of $718K, and assets of $268K (revenue -3.7% year-over-year).
- 2022: Revenue of $697K, expenses of $720K, and assets of $286K (revenue -9.3% year-over-year).
- 2021: Revenue of $768K, expenses of $644K, and assets of $314K (revenue +20.7% year-over-year).
- 2020: Revenue of $636K, expenses of $644K, and assets of $259K (revenue +12.8% year-over-year).
- 2019: Revenue of $564K, expenses of $576K, and assets of $202K (revenue -5.2% year-over-year).
- 2018: Revenue of $594K, expenses of $617K, and assets of $217K (revenue +291.2% year-over-year).
- 2017: Revenue of $152K, expenses of $161K, and assets of $248K (revenue -70.8% year-over-year).
- 2016: Revenue of $520K, expenses of $465K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wheelers Care Centers Inc:
Data Sources and Methodology
This transparency report for Wheelers Care Centers Inc 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.