Meals on Wheels of Hamilton County Inc

Analysis

Meals on Wheels of Hamilton County Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in July 1977, 49 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, Meals on Wheels of Hamilton County Inc reported income of $728k and spending of $739k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $344k to $728k (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels of Hamilton County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include West Virginia Statewide Independent Living Council Inc ($728k), Washington Park Citizens Association Inc ($728k) and New Beginning Behavioral Health ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $76k (10% of expenses). Other salaries and wages came to $128k. At year end it held assets of $708k against liabilities of $11k, net assets of $698k. It reported 4 employees.