Meals on Wheels Orange County NC

Analysis

Meals on Wheels Orange County NC is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 Orange County NC reported income of $876k and spending of $661k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $876k (+141%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 166%. Over the whole period it spent 70% 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 Orange County NC sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Richmond Volunteer Fire and Rescue Company Inc ($876k), Community Services Clearing House Inc ($876k) and Greater San Francisco Teen Challenge Inc ($876k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $136k. At year end it held assets of $1.6m against liabilities of $30k, net assets of $1.5m. It reported 6 employees.