Five Cities Meals on Wheels Inc

Analysis

Five Cities Meals on Wheels Inc is a registered charity in United States, based in Pismo Beach, CA. It received its IRS tax-exemption ruling in February 1976, 50 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, Five Cities Meals on Wheels Inc reported income of $247k and spending of $299k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $188k to $247k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Five Cities Meals on Wheels Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Canby Booster Club Inc ($247k), E C D C Nursery School Inc ($247k) and YWCA of Olympia ($247k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 24% of the total. Other salaries and wages came to $105k. At year end it held assets of $383k against liabilities of $2,276, net assets of $380k. It reported 8 employees.