Meals on Wheels Inc of Tarrant County Endowment Fund

Analysis

Meals on Wheels Inc of Tarrant County Endowment Fund is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Meals on Wheels Inc of Tarrant County Endowment Fund reported income of $237k and spending of $271k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $239k to $237k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to September 2021, when income rose by 1516%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels Inc of Tarrant County Endowment Fund sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Senior Center of South Pearl River County ($237k), Carecuts Inc ($237k) and West Central Illinois Agricultural Research & Demonstration Center in ($237k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.