Cost per Meal Formula:
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The Cost per Meal calculation helps determine the average expense for providing meals to senior citizens in care programs, community centers, or meal delivery services.
The calculator uses a simple formula:
Where:
Explanation: This calculation provides the average cost to feed one senior citizen in your program.
Details: Calculating cost per meal helps with budgeting, program evaluation, and demonstrating cost-effectiveness to funders and stakeholders.
Tips: Enter the total budget amount in USD and the number of seniors served. Both values must be positive numbers.
Q1: What costs should be included in the total?
A: Include all food costs, preparation, delivery, and any allocated overhead expenses.
Q2: How can we reduce our cost per meal?
A: Consider bulk purchasing, volunteer staff, partnerships with local businesses, or optimizing delivery routes.
Q3: What is a typical cost per meal for senior programs?
A: Costs vary by location and service type, but typically range from $3-$10 per meal in most community programs.
Q4: Should we include donated food in the calculation?
A: For accurate budgeting, assign a fair market value to donated items to understand true program costs.
Q5: How often should we calculate this metric?
A: Monthly calculation helps track trends, while quarterly or annual calculations are useful for reporting.