Meals at Home

Analysis

Meals at Home is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in June 1975, 51 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 June 2023, Meals at Home reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $465k to $1.5m (+217%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 112%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meals at Home sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Engineers Society of Western Pennsylvania ($1.5m), Windsor Place Inc ($1.5m) and BMCC Early Childhood Center ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $92k (5.8% of expenses). Other salaries and wages came to $417k. At year end it held assets of $584k against liabilities of $543k, net assets of $41k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.