Meals on Wheels of Greeley Inc

Analysis

Meals on Wheels of Greeley Inc is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Meals on Wheels of Greeley Inc reported income of $795k and spending of $616k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $795k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels of Greeley Inc 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 75th percentile within CO. Charities of a similar size with the same main cause include Resilient Youths ($794k), LJD JFCS Foundation Inc ($795k) and Living Hope for Children ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $214k. At year end it held assets of $2.8m against liabilities of $24k, net assets of $2.8m. It reported 14 employees.