Meals on Wheels of Staten Island Inc

Analysis

Meals on Wheels of Staten Island Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in August 1977, 49 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 June 2023, Meals on Wheels of Staten Island Inc reported income of $6.1m and spending of $5.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels of Staten Island Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Camp Ohel Inc ($6.1m), Anchorage Childrens Home of Bay County Inc ($6.1m) and Interfaith Food Ministry of Nevada County ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $448k (7.9% of expenses). Other salaries and wages came to $1.7m. It paid $24k in professional fundraising fees. At year end it held assets of $17.6m against liabilities of $498k, net assets of $17.1m. It reported 80 employees.