Tri-County Senior Meals

Analysis

Tri-County Senior Meals is a registered charity in United States, based in Rugby, ND. It received its IRS tax-exemption ruling in August 1987, 39 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 December 2023, Tri-County Senior Meals reported income of $638k and spending of $713k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $638k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-County Senior Meals sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ND. Charities of a similar size with the same main cause include Coap Incorporated ($638k), The Grail Movement of America ($638k) and United Way of Wilson County Inc ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $64k (9.0% of expenses). Other salaries and wages came to $69k. At year end it held assets of $251k against liabilities of $2,974, net assets of $248k. It reported 17 employees.