Pasadena Meals on Wheels Inc

Analysis

Pasadena Meals on Wheels Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in May 1965, 61 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, Pasadena Meals on Wheels Inc reported income of $182k and spending of $159k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $229k to $182k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pasadena Meals on Wheels Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Adams Parent Teacher Association ($182k), Big Brothers Big Sisters of Finney County Inc ($182k) and Serra International ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 32% of the total. Other salaries and wages came to $39k. At year end it held assets of $509k against liabilities of $0, net assets of $509k. It reported 1 employees.