Citymeals On Wheels

Citymeals On Wheels consistently directs resources to programs with no reported officer compensation.

EIN: 133634381 · New York, NY · NTEE: K360 · Updated: 2026-03-28

$57.9MRevenue
$33.7MGross Revenue
$89.4MAssets
95/100Mission Score (Excellent)
K360
Citymeals On Wheels Financial Summary
MetricValue
Total Revenue$57.9M
Total Expenses$27.1M
Program Spending85%
CEO/Top Officer Pay$20
Net Assets$76.7M
Transparency Score95/100

Is Citymeals On Wheels Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Citymeals On Wheels directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Citymeals On Wheels

Citymeals On Wheels (EIN: 133634381) is a nonprofit organization based in New York, NY, classified under NTEE code K360. The organization reported total revenue of $57.9M and total assets of $89.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Citymeals On Wheels's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

34Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Citymeals On Wheels is a major nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$31.5M
Total Expenses$27.1M
Surplus / Deficit+$4.4M
Total Assets$85.5M
Total Liabilities$8.8M
Net Assets$76.7M
Operating Margin14.0%
Debt-to-Asset Ratio10.2%
Months of Reserves37.8 months

Financial Health Grade: A

In 2023, Citymeals On Wheels reported a surplus of $4.4M with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 10.2% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Citymeals On Wheels's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.5%+9.3%+15.0%
2022-6.6%-13.2%+0.6%
2021-20.7%+22.0%+10.8%
2020+90.2%+12.9%+43.7%
2019+13.0%-0.4%+0.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1992

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Citymeals On Wheels demonstrates strong financial health and a consistent commitment to its program services. Over the past decade, the organization has shown steady growth in assets, reaching $89,351,194, indicating sound financial management and accumulation of resources. While revenue has fluctuated, particularly with a notable spike in 2020, the organization has consistently maintained expenses below revenue in most recent years, contributing to asset growth. The absence of reported officer compensation across all available filings suggests a high degree of transparency and a focus on directing resources towards the mission rather than executive salaries. The organization's spending efficiency appears robust, with a significant portion of its expenses dedicated to program services. This is a positive indicator for donors, as it suggests that contributions are primarily used to directly support the organization's mission of providing meals. The consistent growth in assets, coupled with responsible expense management, positions Citymeals On Wheels as a financially stable and well-managed nonprofit. The lack of reported officer compensation further enhances its transparency profile, making it an appealing choice for donors seeking assurance that their funds are utilized effectively for charitable purposes.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Citymeals On Wheels with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Citymeals On Wheels allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$31.5MTotal Revenue
$27.1MTotal Expenses
$85.5MTotal Assets
$8.8MTotal Liabilities
$76.7MNet Assets
  • The organization reported a surplus of $4.4M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 10.2%.

Executive Compensation Analysis

Across all available filings, Citymeals On Wheels reports 0% officer compensation, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size, with revenues often exceeding $20 million annually, and suggests a strong commitment to directing all funds towards its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Citymeals On Wheels's IRS 990 filings:

  • Unusually low liabilities in some periods (e.g., $741,144 in 2015) compared to assets, which might warrant further inquiry into financial structure, though generally a positive sign.

Strengths

The following positive indicators were identified for Citymeals On Wheels:

  • No reported officer compensation across all filings, indicating high efficiency and mission focus.
  • Consistent asset growth, from $32M in 2015 to $85M in 2023, demonstrating strong financial health.
  • Expenses consistently below revenue in most recent years (e.g., 2023: Revenue $31.5M, Expenses $27.1M), contributing to financial stability.
  • Strong program spending ratio implied by overall financial health and lack of executive compensation.
  • Significant revenue base, with latest reported revenue at $57,922,549, indicating substantial operational capacity.

Frequently Asked Questions about Citymeals On Wheels

Is Citymeals On Wheels a legitimate charity?

Citymeals On Wheels (EIN: 133634381) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $57.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Citymeals On Wheels spend its money?

Citymeals On Wheels directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Citymeals On Wheels tax-deductible?

Citymeals On Wheels is registered as a tax-exempt nonprofit (EIN: 133634381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Citymeals On Wheels CEO make?

Citymeals On Wheels's highest-compensated officer earns $20 annually. The organization reported $57.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Citymeals On Wheels's spending goes to programs?

Citymeals On Wheels directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Citymeals On Wheels compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Citymeals On Wheels is above average for NTEE category K360 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Citymeals On Wheels located?

Citymeals On Wheels is headquartered in New York, New York and files with the IRS under EIN 133634381. It is classified under NTEE code K360.

How many years of IRS 990 filings does Citymeals On Wheels have?

Citymeals On Wheels has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $57.9M in total revenue.

Is Citymeals On Wheels a good charity?

Based on the provided IRS 990 data, Citymeals On Wheels appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to program spending with no reported officer compensation.

How has Citymeals On Wheels' revenue trended over time?

Citymeals On Wheels' revenue has generally trended upwards over the past decade, with some fluctuations. It saw a significant peak in 2020 ($44,577,003) and has maintained strong revenue in subsequent years, such as $31,546,337 in 2023.

What is the organization's asset growth like?

The organization has shown consistent and substantial asset growth, increasing from $32,018,360 in 2015 to $85,502,641 in 2023, indicating strong financial management and accumulation of resources.

Does Citymeals On Wheels pay its executives?

According to all available IRS 990 filings, Citymeals On Wheels reports 0% officer compensation, meaning no salaries are paid to its officers.

Filing History

IRS 990 filing history for Citymeals On Wheels showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Citymeals On Wheels's revenue has grown by 63.4%, moving from $19.3M to $31.5M. Total assets increased by 198.8% over the same period, from $28.6M to $85.5M. Total functional expenses rose by 63.1%, from $16.6M to $27.1M. In its most recent filing year (2023), Citymeals On Wheels reported a surplus of $4.4M, with revenue exceeding expenses. The organization holds $8.8M in liabilities against $85.5M in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $76.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $31.5M $27.1M $85.5M $8.8M View 990
2022 $33.0M $24.8M $74.4M $4.3M View 990
2021 $35.4M $28.6M $73.9M $4.9M View 990
2020 $44.6M $23.4M $66.7M $8.4M View 990
2019 $23.4M $20.8M $46.4M $8.8M View 990
2018 $20.7M $20.9M $46.0M $11.1M View 990
2017 $24.2M $20.4M $46.2M $11.2M View 990
2016 $21.2M $21.3M $39.0M $9.2M View 990
2015 $20.5M $20.8M $32.0M $741K View 990
2014 $21.5M $19.6M $33.5M $580K View 990
2013 $19.4M $19.9M $30.4M $570K View 990
2012 $20.3M $18.3M $30.0M $720K View 990
2011 $19.3M $16.6M $28.6M $773K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $31.5M, expenses of $27.1M, and assets of $85.5M (revenue -4.5% year-over-year).
  • 2022: Revenue of $33.0M, expenses of $24.8M, and assets of $74.4M (revenue -6.6% year-over-year).
  • 2021: Revenue of $35.4M, expenses of $28.6M, and assets of $73.9M (revenue -20.7% year-over-year).
  • 2020: Revenue of $44.6M, expenses of $23.4M, and assets of $66.7M (revenue +90.2% year-over-year).
  • 2019: Revenue of $23.4M, expenses of $20.8M, and assets of $46.4M (revenue +13.0% year-over-year).
  • 2018: Revenue of $20.7M, expenses of $20.9M, and assets of $46.0M (revenue -14.2% year-over-year).
  • 2017: Revenue of $24.2M, expenses of $20.4M, and assets of $46.2M (revenue +14.0% year-over-year).
  • 2016: Revenue of $21.2M, expenses of $21.3M, and assets of $39.0M (revenue +3.2% year-over-year).
  • 2015: Revenue of $20.5M, expenses of $20.8M, and assets of $32.0M (revenue -4.7% year-over-year).
  • 2014: Revenue of $21.5M, expenses of $19.6M, and assets of $33.5M (revenue +10.8% year-over-year).
  • 2013: Revenue of $19.4M, expenses of $19.9M, and assets of $30.4M (revenue -4.0% year-over-year).
  • 2012: Revenue of $20.3M, expenses of $18.3M, and assets of $30.0M (revenue +4.9% year-over-year).
  • 2011: Revenue of $19.3M, expenses of $16.6M, and assets of $28.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Citymeals On Wheels:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Citymeals On Wheels is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Similar Organizations (NTEE K360)

Other nonprofits classified under NTEE code K360.

View all K360 nonprofits →

Explore Related Nonprofits

Browse by State