Colesville Meals on Wheels Inc

Analysis

Colesville Meals on Wheels Inc is a registered charity in United States, based in Ashton, MD. It received its IRS tax-exemption ruling in June 1997, 29 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, Colesville Meals on Wheels Inc reported income of $59k and spending of $62k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $59k (-1.0%), an average of -1.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colesville Meals on Wheels Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within MD. Charities of a similar size with the same main cause include Advocate Center Inc ($59k), United Nimba Citizens Council ($59k) and The Communiversity ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.