Terre Haute Area Meals on Wheels Inc

Analysis

Terre Haute Area Meals on Wheels Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in February 1972, 54 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, Terre Haute Area Meals on Wheels Inc reported income of $124k and spending of $178k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $124k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2020, when income rose by 129%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Terre Haute Area Meals on Wheels Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Forum of Civics Foundation ($124k), Parent Booster USA Inc ($124k) and Warren County Habitat for Humanity Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $83k. At year end it held assets of $158k against liabilities of $52k, net assets of $106k.