Meals on Wheels of Long Beach Inc

Analysis

Meals on Wheels of Long Beach Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1973, 53 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 (gross receipts test) 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 Long Beach Inc reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $971k to $1.5m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 103% 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 Long Beach Inc 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 84th percentile within CA. Charities of a similar size with the same main cause include Soww Corp ($1.5m), Hope House Inc ($1.5m) and Bright Beginnings Academy Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. Other salaries and wages came to $410k. It paid $26k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $97k, net assets of $1.4m. It reported 15 employees.