Meals on Wheels for Fort Collins Colorado Inc

Analysis

Meals on Wheels for Fort Collins Colorado Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 1971, 55 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 June 2024, Meals on Wheels for Fort Collins Colorado Inc reported income of $850k and spending of $861k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $793k to $850k (+7.2%), an average of +1.7% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels for Fort Collins Colorado Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Pride Center of Vermont Inc ($849k), A Chosen Child Inc ($850k) and International Education and Welfare Society ($849k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $96k (11% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.4m against liabilities of $118k, net assets of $1.2m. It reported 7 employees.