Meals on Wheels of Summerville Incorporated

Analysis

Meals on Wheels of Summerville Incorporated is a registered charity in United States, based in Summerville, SC. 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 Summerville Incorporated reported income of $314k and spending of $318k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $314k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 83% 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 Summerville Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Southwest Georgia Housing Opportunities Inc ($314k), Phillipsburg Child Care Center Inc ($314k) and Armenian Eagles Foundation ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $35k (11% of expenses). Other salaries and wages came to $55k. At year end it held assets of $752k against liabilities of $6,687, net assets of $746k. It reported 5 employees.