Meals on Wheels Inc

Analysis

Meals on Wheels Inc is a registered charity in United States, based in Liberty, MO. It received its IRS tax-exemption ruling in October 1973, 53 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 Inc reported income of $165k and spending of $142k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $165k (+14%), an average of +14% a year. Over the whole period it spent 92% 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 Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MO. Charities of a similar size with the same main cause include Paws Healing Heroes ($165k), Friends of the Omaha Public Library Inc ($165k) and Colorado River Historical Society Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 52% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.