Community Meals Inc

Analysis

Community Meals Inc is a registered charity in United States, based in Glen Rock, NJ. It received its IRS tax-exemption ruling in February 1973, 53 years ago. 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, Community Meals Inc reported income of $130k and spending of $141k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $140k to $130k (-7.2%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Meals Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Volunteers of America Inc ($130k), Sonshine Ministries Inc ($130k) and Theatre of Dare ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $29k (21% of expenses). Other salaries and wages came to $3,257. At year end it held assets of $297k against liabilities of $0, net assets of $297k. It reported 3 employees.