Meals & Wheels of Greater Springfield Inc

Analysis

Meals & Wheels of Greater Springfield Inc is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Meals & Wheels of Greater Springfield Inc reported income of $165k and spending of $130k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $255k to $165k (-35%), an average of -10% a year. The sharpest change came in the year to September 2023, when income dropped by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals & Wheels of Greater Springfield Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 40th percentile within VT. Charities of a similar size with the same main cause include Casa for York County ($165k), Lords Locker ($165k) and Bowen Apartments Inc ($165k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.