Ponca City Meals-On-Wheels Inc

Analysis

Ponca City Meals-On-Wheels Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in April 1976, 50 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, Ponca City Meals-On-Wheels Inc reported income of $56k and spending of $47k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $56k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ponca City Meals-On-Wheels Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within OK. Charities of a similar size with the same main cause include Net Work Limited Inc ($56k), Little League Baseball Inc ($56k) and Arlington County Bar Foundation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.