Meals on Wheels of San Francisco Inc

Analysis

Meals on Wheels of San Francisco Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1971, 55 years ago. 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, Meals on Wheels of San Francisco Inc reported income of $26.2m and spending of $29.3m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $24.2m to $26.2m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meals on Wheels of San Francisco Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Foundation Health Services Inc ($26.2m), Rural Community Assistance Partnership Incorporated ($26.2m) and South Michigan Food Bank ($26.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $1.1m (3.8% of expenses). Other salaries and wages came to $9.6m. It paid $215k in professional fundraising fees. At year end it held assets of $80.0m against liabilities of $40.9m, net assets of $39.1m. It reported 203 employees.