Meals on Wheels of Chemung County Inc

Analysis

Meals on Wheels of Chemung County Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in February 1990, 36 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 (gross receipts test) 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 Chemung County Inc reported income of $938k and spending of $995k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $737k to $938k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 84% 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 Chemung County Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Got Your Six Support Dogs ($938k), Corona Life Services ($938k) and Grinnell Day Care Center Inc ($938k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $71k (7.1% of expenses). Other salaries and wages came to $274k. At year end it held assets of $2.3m against liabilities of $284k, net assets of $2.0m. It reported 16 employees.