Main Line Meals on Wheels Inc

Analysis

Main Line Meals on Wheels Inc is a registered charity in United States, based in Devon, PA. It received its IRS tax-exemption ruling in May 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 April 2024, Main Line Meals on Wheels Inc reported income of $483k and spending of $366k, leaving 24% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $423k to $483k (+14%), an average of +3.3% a year. The sharpest change came in the year to April 2021, when income rose by 55%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Main Line Meals on Wheels Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Los Angeles Poverty Department ($483k), Literacy Volunteers of Rochester Inc ($483k) and National Association of Amusement Ride Safety Officials ($483k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 60% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $43k (12% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 8 employees.