Meals-On-Wheels of Rocky Mount Inc

Analysis

Meals-On-Wheels of Rocky Mount Inc is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in January 1979, 47 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 June 2024, Meals-On-Wheels of Rocky Mount Inc reported income of $588k and spending of $474k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $411k to $588k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals-On-Wheels of Rocky Mount Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Kinera Foundation Inc ($588k), Unico National Incorporated ($588k) and Cornerstone Resource Center ($588k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 1.7% of the total. Other salaries and wages came to $156k. At year end it held assets of $457k against liabilities of $17k, net assets of $440k. It reported 3 employees.