Meals-On-Wheels Inc of Greenwich Connecticut

Analysis

Meals-On-Wheels Inc of Greenwich Connecticut is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in June 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Meals-On-Wheels Inc of Greenwich Connecticut reported income of $406k and spending of $402k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $294k to $406k (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2022, when income rose by 120%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meals-On-Wheels Inc of Greenwich Connecticut sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Korean Family Housing Corporation ($406k), Rebuilding Together Dutchess County Inc ($406k) and Pensacola Private School of Liberal Arts Inc ($406k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 25% of the total. Other salaries and wages came to $102k. At year end it held assets of $1.2m against liabilities of $2,655, net assets of $1.2m. It reported 3 employees.