Eastside Meals on Wheels Inc

Analysis

Eastside Meals on Wheels Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eastside Meals on Wheels Inc reported income of $638k and spending of $465k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $638k (+174%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 60%. 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, Eastside Meals on Wheels Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include American Friends of Gaon Yacov Inc ($638k), Southeast Michigan Senior Regional Collaborative ($638k) and The Childrens Advocacy Center of Green River District ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Other salaries and wages came to $92k. At year end it held assets of $555k against liabilities of $6,777, net assets of $548k. It reported 8 employees.