Million Meal Movement Inc

Analysis

Million Meal Movement Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in February 2009, 17 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, Million Meal Movement Inc reported income of $575k and spending of $621k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $652k to $575k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Million Meal Movement Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Cobblestone Project ($575k), Clothing Bank of Norwalk Ohio ($575k) and Skagway Child Care Council Inc ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $26k (4.2% of expenses). Other salaries and wages came to $163k. At year end it held assets of $456k against liabilities of $264k, net assets of $191k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.