Meals on Wheels of Stevens Point Inc

Analysis

Meals on Wheels of Stevens Point Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 of Stevens Point Inc reported income of $379k and spending of $351k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $379k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 86% 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 of Stevens Point Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include S a F E Shelter ($379k), Tax Education Foundation ($379k) and PTA California Congress of Parents Teachers & Students Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 55% of the total. Other salaries and wages came to $99k. At year end it held assets of $633k against liabilities of $0, net assets of $633k. It reported 5 employees.