Meals on Wheels Montgomery County

Analysis

Meals on Wheels Montgomery County is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in September 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 September 2023, Meals on Wheels Montgomery County reported income of $3.5m and spending of $3.8m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.7m to $3.5m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to September 2021, when income rose by 49%. Over the whole period it spent 81% 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 Montgomery County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Consumers Self-Help Center ($3.5m), American Mountain Guides Association ($3.5m) and Texas Library Association ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $179k (4.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.4m against liabilities of $443k, net assets of $4.0m. It reported 54 employees.