Meals on Wheels of Brevard Inc

Analysis

Meals on Wheels of Brevard Inc is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Meals on Wheels of Brevard Inc reported income of $193k and spending of $146k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $266k to $193k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 60% 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 Brevard Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Freedom Paws Service Dogs Foundation ($193k), Rocori Food Shelf Inc ($193k) and Restore17 Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 12% of the total. At year end it held assets of $263k against liabilities of $0, net assets of $263k.