Lakeview Area Meals on Wheels

Analysis

Lakeview Area Meals on Wheels is a registered charity in United States, based in Stoneboro, PA. It received its IRS tax-exemption ruling in June 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakeview Area Meals on Wheels reported income of $50k and spending of $52k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $68k to $50k (-26%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lakeview Area Meals on Wheels sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include Thair for You ($50k), New Blossoms New Life Foundation ($50k) and Lions Foundation of Everglades Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.