Meals on Wheels of Northwest Indiana Inc

Analysis

Meals on Wheels of Northwest Indiana Inc is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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, Meals on Wheels of Northwest Indiana Inc reported income of $4.1m and spending of $4.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.1m (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 86% 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 of Northwest Indiana 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 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include The Umbc Research Park Corporation Inc ($4.1m), Westminster Christian Academy Inc ($4.1m) and Boy Scouts of America ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $133k (3.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.4m against liabilities of $362k, net assets of $5.1m. It reported 71 employees.