Bloomington-Eden Prairie Meals on Wheels
Analysis
Bloomington-Eden Prairie Meals on Wheels is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in March 1971, 55 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, Bloomington-Eden Prairie Meals on Wheels reported income of $339k and spending of $322k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $339k (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bloomington-Eden Prairie Meals on Wheels sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Wee Care Day Care Center ($339k), Language Learning a Journal Ofapplied Linguistics ($339k) and Parkchester Jame Masjid Inc ($339k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $63k (19% of expenses). Other salaries and wages came to $47k. At year end it held assets of $399k against liabilities of $19k, net assets of $380k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wee Care Day Care Center | Murfreesboro | $339k |
| Language Learning a Journal Ofapplied Linguistics | Ann Arbor | $339k |
| Parkchester Jame Masjid Inc | Bronx | $339k |
| Paralyzed Veterans of America | Silverton | $339k |