Meals on Wheels Council Inc

Analysis

Meals on Wheels Council Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in December 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 2024, Meals on Wheels Council Inc reported income of $97k and spending of $69k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $82k to $97k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels Council Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Icare Inc ($97k), Indus Vet Inc ($97k) and Operation Helping Hand Inc ($97k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.