Home Meals Delivery Inc

Analysis

Home Meals Delivery Inc is a registered charity in United States, based in Richmond, KY. It received its IRS tax-exemption ruling in January 1982, 44 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, Home Meals Delivery Inc reported income of $103k and spending of $88k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $713k to $103k (-86%), an average of -48% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Meals Delivery Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Reaching Your Dream Learning Center ($103k), The Economic Strategy Institute ($103k) and Kokomo Park Band Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 11% of the total. At year end it held assets of $703k against liabilities of $0, net assets of $703k.