Share My Meals

Analysis

Share My Meals is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, 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, Share My Meals reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $355k to $1.4m (+306%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share My Meals sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Womanspace-East Inc ($1.4m), Cambodian Association of Greater Philadelphia ($1.4m) and Celestial Manna Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $640 (0.0% of expenses). Other salaries and wages came to $311k. At year end it held assets of $500k against liabilities of $0, net assets of $500k. It reported 17 employees.