Meals on Wheels Plus Incorporated

Analysis

Meals on Wheels Plus Incorporated is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in December 1977, 49 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Meals on Wheels Plus Incorporated reported income of $3.2m and spending of $3.1m, spending 96% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $2.8m to $3.2m (+15%), an average of +4.8% a year. The sharpest change came in the year to August 2021, when income rose by 112%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels Plus Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Family and Community Service of Delaware County ($3.2m), Young Mens Christian Assn of LA Porte Indiana ($3.2m) and Bright Futures for Youth ($3.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 1.6% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $16.7m against liabilities of $143k, net assets of $16.6m. It reported 45 employees.