Cherokee County Meals-On-Wheels

Analysis

Cherokee County Meals-On-Wheels is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in January 1985, 41 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, Cherokee County Meals-On-Wheels reported income of $468k and spending of $495k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $468k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cherokee County Meals-On-Wheels sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include St Vincent de Paul Society of Needles Inc ($468k), Bakersfield Senior Center Inc ($468k) and Seagraves Senior Citizens Center Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $55k (11% of expenses). Other salaries and wages came to $115k. At year end it held assets of $3.3m against liabilities of $895k, net assets of $2.4m. It reported 9 employees.