K โ€” Food, Agriculture & NutritionEIN: 050340723ยท Ruling Year: 1971

Meals On Wheels Of Ri Inc

Providence, Rhode Island

AHealth Score
89A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

๐Ÿ’ฐ
$5.8M
Total Revenue
๐Ÿ“Š
$4.2M
Total Expenses
๐Ÿฆ
$9.7M
Net Assets
๐Ÿ“‹
$257K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+27.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.30
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,798,735โ†‘20%$4,215,969โ†‘13%$9,966,148โ†‘26%
2022$4,812,812โ†‘7%$3,720,616โ†‘14%$7,900,680โ†‘8%
2021$4,511,641โ†“40%$3,262,132โ†“30%$7,282,572โ†‘18%
2020$7,517,203โ†‘140%$4,671,733โ†‘63%$6,190,491โ†‘97%
2019$3,130,703โ†‘12%$2,869,019โ†‘5%$3,136,616โ†‘19%
2018$2,806,496โ†“2%$2,734,959โ†“13%$2,630,478โ†“7%
2017$2,861,653โ†“2%$3,153,026โ†‘1%$2,838,928โ†“9%
2016$2,921,141โ†“6%$3,120,115โ†‘16%$3,115,735โ†“3%
2015$3,123,643โ†‘24%$2,698,530โ†‘2%$3,195,850โ†‘19%
2014$2,523,084โ†“8%$2,647,262โ†“3%$2,678,388โ†“4%
2013$2,742,887โ†“1%$2,741,604โ†“4%$2,778,843โ†“1%
2012$2,782,378โ†“9%$2,851,492โ†“5%$2,793,785โ†‘3%
2011$3,054,771$2,991,790$2,713,970

Frequently Asked Questions

What does Meals On Wheels Of Ri Inc do?โ–ผ

Meals On Wheels Of Ri Inc is a food, agriculture & nutrition nonprofit organization based in Rhode Island. It is classified under NTEE code K36 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Meals On Wheels Of Ri Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Meals On Wheels Of Ri Inc has a score of 89/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Meals On Wheels Of Ri Inc generate?โ–ผ

Meals On Wheels Of Ri Inc reports $6.6M in annual revenue and holds $12.4M in total assets, based on IRS filings.

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Meals On Wheels Of Ri Inc โ€” Providence, RI | GiveScope