Meals on Wheels of Durham Inc

Analysis

Meals on Wheels of Durham Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 1991, 35 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 2023, Meals on Wheels of Durham Inc reported income of $1.7m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 86% 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 Durham Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include SEND Hope Now ($1.7m), Upshur County Senior Citizens Opportunity Center Inc ($1.7m) and Rainbow Learning Enrichment NFP ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $99k (6.6% of expenses). At year end it held assets of $2.2m against liabilities of $69k, net assets of $2.1m. It reported 20 employees.