Crosstown Meals on Wheels

Analysis

Crosstown Meals on Wheels is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in June 1974, 52 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 August 2024, Crosstown Meals on Wheels reported income of $62k and spending of $87k, spending 140% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $71k to $62k (-12%), an average of -12% a year. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crosstown Meals on Wheels sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include First United Methodist Church Columbus Indiana Foundation Inc ($62k), Parent Booster USA Inc ($62k) and Corralitos Padres ($62k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $39k against liabilities of $1,173, net assets of $38k.