Wausau Area Mobile Meals Inc

Analysis

Wausau Area Mobile Meals Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in October 1976, 50 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, Wausau Area Mobile Meals Inc reported income of $263k and spending of $243k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $227k to $263k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wausau Area Mobile Meals Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Santa Visits Alviso Foundation ($263k), Sun Prairie Youth Hockey Association Inc ($263k) and Shruthi Swara Laya Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $38k (16% of expenses). Other salaries and wages came to $1,487. At year end it held assets of $216k against liabilities of $491, net assets of $216k. It reported 3 employees.