Senior Meals and Services Inc

Analysis

Senior Meals and Services Inc is a registered charity in United States, based in Devils Lake, ND. It received its IRS tax-exemption ruling in September 1982, 44 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 June 2024, Senior Meals and Services Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $693k to $1.1m (+54%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Meals and Services Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within ND. Charities of a similar size with the same main cause include Chi Eta Phi Sorority Incorporated ($1.1m), Region North Country United States Volleyball Association ($1.1m) and Red Jacket Center Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $9,494 (0.9% of expenses). Other salaries and wages came to $444k. At year end it held assets of $646k against liabilities of $36k, net assets of $610k. It reported 22 employees.