Greater LA Jolla Meals-On-Wheels Inc

Analysis

Greater LA Jolla Meals-On-Wheels Inc is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in October 1974, 52 years ago. 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, Greater LA Jolla Meals-On-Wheels Inc reported income of $144k and spending of $155k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $189k to $144k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater LA Jolla Meals-On-Wheels Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include At the Well Ministries Inc ($144k), Landmark Journey Ministries Inc ($144k) and Harvest Preparation International Ministries Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 30% of the total. Other salaries and wages came to $80k. At year end it held assets of $516k against liabilities of $10k, net assets of $505k. It reported 6 employees.