Meals on Wheels of Mercer County Inc

Analysis

Meals on Wheels of Mercer County Inc is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in January 1974, 52 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 June 2024, Meals on Wheels of Mercer County Inc reported income of $1.4m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.4m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meals on Wheels of Mercer County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include The College of the Canyons Foundation ($1.4m), General Council of the Assemblies of God ($1.4m) and Regional Partnering Center ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $95k (6.8% of expenses). Other salaries and wages came to $445k. It paid $46k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $76k, net assets of $2.5m. It reported 13 employees.