Meals-On-Wheels Delaware Inc

Analysis

Meals-On-Wheels Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1996, 30 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 December 2023, Meals-On-Wheels Delaware Inc reported income of $1.0m and spending of $897k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $767k to $1.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals-On-Wheels Delaware Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within DE. Charities of a similar size with the same main cause include DJH Kids and Community Center ($1.0m), Elderhouse Inc ($1.0m) and Caldwell County Smart Start a Partnership for Young Children ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $87k (9.7% of expenses). Other salaries and wages came to $193k. At year end it held assets of $2.2m against liabilities of $43k, net assets of $2.1m. It reported 5 employees.