Claremont Meals on Wheels

Analysis

Claremont Meals on Wheels is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in June 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 March 2024, Claremont Meals on Wheels reported income of $155k and spending of $76k, leaving 51% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $89k to $155k (+75%), an average of +75% a year. The sharpest change came in the year to March 2024, when income rose by 75%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Claremont Meals on Wheels sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include American Youth Football ($155k), Lakeview High School Educational Foundation ($155k) and Just Our Soldiers Helpers Inc ($155k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.