Elk City Meals on Wheels Inc

Analysis

Elk City Meals on Wheels Inc is a registered charity in United States, based in Elk City, 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, Elk City Meals on Wheels Inc reported income of $205k and spending of $245k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $205k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elk City Meals on Wheels Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Comptche Volunteers Fire Department ($205k), Christian Food Bank Inc ($205k) and Board Strong Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $76k. At year end it held assets of $94k against liabilities of $2,620, net assets of $91k. It reported 4 employees.