Suffolk Meals on Wheels Inc

Analysis

Suffolk Meals on Wheels Inc is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in July 1988, 38 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, Suffolk Meals on Wheels Inc reported income of $249k and spending of $269k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $249k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suffolk Meals on Wheels Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Satx Inner City Development Inc ($249k), Illinois Congress of Parents Teachers ($249k) and United Molokan Christian Association of Central California ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 53% of the total. Other salaries and wages came to $94k. At year end it held assets of $124k against liabilities of $3,141, net assets of $121k. It reported 9 employees.