Trumbull Mobile Meals

Analysis

Trumbull Mobile Meals is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in November 1971, 55 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 June 2023, Trumbull Mobile Meals reported income of $518k and spending of $499k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $378k to $518k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 24%. 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, Trumbull Mobile Meals sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($518k), West Carroll Elderly Housing Inc ($518k) and National Church Residences of ($518k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $50k (10% of expenses). At year end it held assets of $383k against liabilities of $66k, net assets of $317k. It reported 18 employees.