Prescott Meals on Wheels

Analysis

Prescott Meals on Wheels is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in December 1990, 36 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 June 2023, Prescott Meals on Wheels reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prescott Meals on Wheels sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Neighbors Together Inc ($1.4m), Roundhouse Council ($1.4m) and Pathways Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $102k (8.1% of expenses). Other salaries and wages came to $403k. At year end it held assets of $4.1m against liabilities of $95k, net assets of $4.0m. It reported 15 employees.