Christian Methodist Church

Analysis

Christian Methodist Church is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Christian Methodist Church reported income of $272k and spending of $111k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $662k to $272k (-59%), an average of -59% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Methodist Church sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Community Housing Services ($272k), Youth Challenge of New York Inc ($272k) and Interfaith Community Social Services ($272k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.6m against liabilities of $807k, net assets of $1.8m.