Meals-On-Wheels of New Rochelle Inc

Analysis

Meals-On-Wheels of New Rochelle Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in January 1985, 41 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 December 2023, Meals-On-Wheels of New Rochelle Inc reported income of $354k and spending of $230k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $231k to $354k (+53%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 82% 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 New Rochelle Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Restore Humanity Inc ($353k), Educare Arizona ($354k) and Harvest House Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 5.5% of the total. Other salaries and wages came to $99k. At year end it held assets of $539k against liabilities of $28k, net assets of $511k. It reported 2 employees.