Venice Area Mobile Meals Inc

Analysis

Venice Area Mobile Meals Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in April 1978, 48 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, Venice Area Mobile Meals Inc reported income of $435k and spending of $398k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $435k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Venice Area Mobile Meals Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Weekes House Inc ($435k), Her Academy ($435k) and Answer for Youth ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 49% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.