Home Bound Meals Program

Analysis

Home Bound Meals Program is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in May 1999, 27 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, Home Bound Meals Program reported income of $386k and spending of $165k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $269k to $386k (+44%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home Bound Meals Program sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Norton Area Child Care Association ($386k), Jewish Latin Center NYC ($386k) and Special Needs Support Center of the Upper Valley ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $711k against liabilities of $10k, net assets of $700k.