Meals on Wheels South Texas

Analysis

Meals on Wheels South Texas is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in July 1980, 46 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 September 2023, Meals on Wheels South Texas reported income of $871k and spending of $1.4m, spending 160% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $722k to $871k (+21%), an average of +4.8% a year. The sharpest change came in the year to September 2020, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels South Texas sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Same As U Inc ($871k), Salvation Farms Inc ($871k) and Mifflin-Juniata Regional Services Corporation ($871k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $79k (5.6% of expenses). Other salaries and wages came to $399k. At year end it held assets of $760k against liabilities of $43k, net assets of $716k. It reported 24 employees.