Meals on Wheels San Antonio

Analysis

Meals on Wheels San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 1979, 47 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 June 2023, Meals on Wheels San Antonio reported income of $15.3m and spending of $18.4m, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $13.2m to $15.3m (+16%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 88% 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 San Antonio sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Our Lady of the Valley Inc ($15.3m), Shared Magnetic Resonance Imaging Facility Inc ($15.3m) and Epd Inc ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $574k (3.1% of expenses). Other salaries and wages came to $5.3m. It paid $509k in professional fundraising fees. At year end it held assets of $39.6m against liabilities of $22.6m, net assets of $17.0m. It reported 173 employees.