One Good Meal Inc

Analysis

One Good Meal Inc is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in September 1997, 29 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 March 2023, One Good Meal Inc reported income of $241k and spending of $184k, leaving 24% of income unspent that year. Across the 3 years on record, from March 2021 to March 2023, income grew from $211k to $241k (+15%), an average of +7.0% a year. The sharpest change came in the year to March 2022, when income rose by 57%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Good Meal Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Lenape Valley Trust ($241k), A Child for All ($241k) and Sarcoma-Oma ($241k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $258k against liabilities of $2,051, net assets of $255k.