Valley Meals on Wheels Inc

Analysis

Valley Meals on Wheels Inc is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in October 1975, 51 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, Valley Meals on Wheels Inc reported income of $352k and spending of $320k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $352k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Meals on Wheels Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within ID. Charities of a similar size with the same main cause include The Barnabas Group ($352k), Donate Life North Carolina ($352k) and Iam Health and Wellness Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $57k (18% of expenses). At year end it held assets of $171k against liabilities of $0, net assets of $171k. It reported 6 employees.