Mobile Meals of the Grand Strand Inc

Analysis

Mobile Meals of the Grand Strand Inc is a registered charity in United States, based in Murrells Inlet, SC. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 September 2023, Mobile Meals of the Grand Strand Inc reported income of $95k and spending of $125k, spending 133% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $122k to $95k (-22%), an average of -22% a year. The sharpest change came in the year to September 2023, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mobile Meals of the Grand Strand Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include Triangle British Brass Band Ltd ($95k), Lynchburg Residential Services Inc ($95k) and Cohasset Appalachia Service Project Group Inc ($95k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.