Mid-Land Meals Inc

Analysis

Mid-Land Meals Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in March 1975, 51 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 December 2023, Mid-Land Meals Inc reported income of $3.8m and spending of $3.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.8m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Land Meals Inc 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 91st percentile within IN. Charities of a similar size with the same main cause include Moxi the Wolf Museum of Exploration Innovation ($3.8m), United States of America National Comm of the Intl Dairy Fed Inc ($3.8m) and His Helping Hands Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $83k (2.2% of expenses). Other salaries and wages came to $729k. At year end it held assets of $1.5m against liabilities of $95k, net assets of $1.4m. It reported 34 employees.