Meals on Wheels of Muncie Inc

Analysis

Meals on Wheels of Muncie Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in June 1973, 53 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 December 2023, Meals on Wheels of Muncie Inc reported income of $137k and spending of $124k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $137k (+2.1%), an average of +2.1% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels of Muncie Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Share XII Inc ($137k), Southern California Fukinese Assoc ($137k) and Hale Area Fish ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. At year end it held assets of $108k against liabilities of $6,950, net assets of $101k.