Meals on Wheels of Thomasville Inc

Analysis

Meals on Wheels of Thomasville Inc is a registered charity in United States, based in Thomasville, NC. It received its IRS tax-exemption ruling in January 1984, 42 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 Thomasville Inc reported income of $140k and spending of $31k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $140k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 34% 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 Thomasville Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include American Friends of Israel Elwyn ($140k), Ec Gridiron Club Inc ($140k) and Friends of the Glen Cove Youth Board ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.