Meals on Wheels in Greater New Brunswick

Analysis

Meals on Wheels in Greater New Brunswick is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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 in Greater New Brunswick reported income of $297k and spending of $275k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $297k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 93% 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 in Greater New Brunswick sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($297k), Talkeetna Community Radio Inc ($297k) and Greater West Melbourne Athletic Association Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $9,791. At year end it held assets of $285k against liabilities of $0, net assets of $285k. It reported 2 employees.