Sebring Meals on Wheels Inc

Analysis

Sebring Meals on Wheels Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in January 1976, 50 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 2022, Sebring Meals on Wheels Inc reported income of $153k and spending of $160k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $142k to $153k (+8.3%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sebring Meals on Wheels Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Kern Partnership for Children and Families ($153k), Military and Civilian Spouses Club ($153k) and Food Pantry for Woodford County ($153k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $27k. At year end it held assets of $76k against liabilities of $9,125, net assets of $67k. It reported 1 employees.