Lake Havasu Meals on Wheels Inc

Analysis

Lake Havasu Meals on Wheels Inc is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in October 1999, 27 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 June 2024, Lake Havasu Meals on Wheels Inc reported income of $115k and spending of $73k, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $86k to $115k (+33%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 102%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Havasu Meals on Wheels Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include Builders Inc ($115k), Lost River Senior Citizens Inc ($115k) and Clinch River Apartments Inc ($115k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $385k against liabilities of $50, net assets of $385k.