Meals on Wheels Charitable TR

Analysis

Meals on Wheels Charitable TR is a registered charity in United States, based in Barnardsville, NC. It received its IRS tax-exemption ruling in May 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Meals on Wheels Charitable TR reported income of $114k and spending of $132k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $114k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 276%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meals on Wheels Charitable TR sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Action - Impact Inc ($114k), Amateur Athletic Union of the United States ($114k) and National Federation of Nonpublic School State Accrediting Assns ($114k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.