South Minneapolis Meals on Wheels

Analysis

South Minneapolis Meals on Wheels is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2012, 14 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, South Minneapolis Meals on Wheels reported income of $164k and spending of $124k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $207k to $164k (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Minneapolis Meals on Wheels sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Afghan American Womens Association ($164k), Lake of the Woods County Fair Assn ($164k) and Poma Tech Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. At year end it held assets of $272k against liabilities of $1,095, net assets of $271k.