Meals On Wheels Western Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,612,818 | 6,802,798 | 810,020 | 6.9 | 33% |
| 2021 | 7,054,026 | 6,680,157 | 373,869 | 7.7 | 38% |
| 2022 | 7,181,704 | 7,111,413 | 70,291 | 7.3 | 40% |
| 2023 | 8,038,499 | 6,803,654 | 1,234,845 | 9.9 | 25% |
In its most recent public year (2023), this organization brought in $1,234,845 more than it spent. Its reserves stood at about 9.9 months of spending, up from 6.9 in 2020. Staff pay was 25% of spending. $57,100 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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