Meals on Wheels Association Marion Area

Analysis

Meals on Wheels Association Marion Area is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in December 1980, 46 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 Association Marion Area reported income of $59k and spending of $87k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $59k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 132% 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 Association Marion Area sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include Italian American Executives of Transportation ($59k), Gilbert Hart Library Association ($59k) and Redlee Charities Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. At year end it held assets of $65k against liabilities of $1,277, net assets of $64k.