Coal Creek Meals on Wheels

Analysis

Coal Creek Meals on Wheels is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in April 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coal Creek Meals on Wheels reported income of $836k and spending of $951k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $836k (+116%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coal Creek Meals on Wheels sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Next Step for Life Inc ($836k), Kennedys Assistive Living & Educational Facility ($837k) and Avon-Avon Lake Community Resource Services Inc ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $97k (10% of expenses). Other salaries and wages came to $362k. At year end it held assets of $239k against liabilities of $12k, net assets of $227k. It reported 15 employees.