Meals on Wheels Chicago

Analysis

Meals on Wheels Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1988, 38 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 (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, Meals on Wheels Chicago reported income of $1.3m and spending of $1.9m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to December 2023, income fell from $1.5m to $1.3m (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels Chicago sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include New Life-Knew Solutions ($1.3m), Glacial Ridge Hospital Foundation Inc ($1.3m) and Adoption-Share Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $168k (9.0% of expenses). Other salaries and wages came to $265k. At year end it held assets of $1.7m against liabilities of $338k, net assets of $1.4m. It reported 7 employees.