United Methodist City Society

Analysis

United Methodist City Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Methodist City Society reported income of $2.5m and spending of $3.7m, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.6m to $2.5m (-79%), an average of -32% a year. The sharpest change came in the year to June 2021, when income rose by 278%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Methodist City Society sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Apelah Inc ($2.5m), Beverlys PGH ($2.5m) and Foundation for Financial Planning Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $619k (17% of expenses). Other salaries and wages came to $340k. At year end it held assets of $47.2m against liabilities of $4.7m, net assets of $42.5m. It reported 10 employees.