Williamsburg Area Meals-On-Wheels Inc

Analysis

Williamsburg Area Meals-On-Wheels Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2023, Williamsburg Area Meals-On-Wheels Inc reported income of $690k and spending of $717k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $331k to $690k (+108%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 38%. 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, Williamsburg Area Meals-On-Wheels Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include C G Jung Institute of Los Angeles ($690k), Nevada Council on Problem Gambling Inc ($690k) and Gurdwara Singh Sabha Buena Park Inc ($690k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $164k. At year end it held assets of $249k against liabilities of $191k, net assets of $58k. It reported 10 employees.