Meals on Wheels of Wadsworth Inc

Analysis

Meals on Wheels of Wadsworth Inc is a registered charity in United States, based in Wadsworth, OH. It received its IRS tax-exemption ruling in January 1979, 47 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 Wadsworth Inc reported income of $82k and spending of $83k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $82k (-9.8%), an average of -9.8% a year. Over the whole period it spent 94% 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 Wadsworth Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Friends of the Champaign Public Library ($82k), Seattle Childrens Hospital ($82k) and Waynesboro Community Concert Assoc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.