Claremore Meals on Wheels Inc

Analysis

Claremore Meals on Wheels Inc is a registered charity in United States, based in Claremore, OK. It received its IRS tax-exemption ruling in February 1988, 38 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, Claremore Meals on Wheels Inc reported income of $64k and spending of $64k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $64k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Claremore Meals on Wheels Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Friends of the Milwaukee Public Library Inc ($64k), Allen County Casa Coalition Inc ($64k) and PTA Georgia Congress ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.