Meals on Wheels Ministry Inc

Analysis

Meals on Wheels Ministry Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in February 1975, 51 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 September 2023, Meals on Wheels Ministry Inc reported income of $5.2m and spending of $6.0m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.0m to $5.2m (+3.1%), an average of +0.8% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels Ministry Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Help Out Center Inc ($5.2m), Feed My People ($5.2m) and Asian Americans Advancing Justice Atlanta Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $90k (1.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.8m against liabilities of $1.8m, net assets of $2.0m. It reported 109 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.