Meals on Wheels North Central Texas Inc

Analysis

Meals on Wheels North Central Texas Inc is a registered charity in United States, based in Cleburne, TX. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover human services, 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 North Central Texas Inc reported income of $3.9m and spending of $3.4m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $3.9m (+99%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 66%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels North Central Texas Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Elea Institute ($3.9m), Scenic Acres ($3.9m) and Union-Snyder Agency on Aging Inc ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 2.3% of the total. Other salaries and wages came to $852k. At year end it held assets of $7.1m against liabilities of $1.5m, net assets of $5.6m. It reported 24 employees.