Meals on Wheels of the College Park Area Inc

Analysis

Meals on Wheels of the College Park Area Inc is a registered charity in United States, based in Riverdale, MD. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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, Meals on Wheels of the College Park Area Inc reported income of $238k and spending of $274k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $238k (+4.6%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meals on Wheels of the College Park Area Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Biomedical Research Foundation of Southern Arizona ($238k), New Bedford Yacht Club Foundation Inc ($238k) and Little League Baseball Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $222k against liabilities of $2,183, net assets of $220k. It reported 2 employees.