United Methodist Foundation of Indiana Inc

Analysis

United Methodist Foundation of Indiana Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in February 1973, 53 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, United Methodist Foundation of Indiana Inc reported income of $2.0m and spending of $2.6m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.4m to $2.0m (-68%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, United Methodist Foundation of Indiana Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Association of Professional Chaplains Inc ($2.0m), Kosher Supervision of America ($2.0m) and Purim Project Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $157k (6.0% of expenses). Other salaries and wages came to $574k. At year end it held assets of $105.5m against liabilities of $79.6m, net assets of $25.8m. It reported 8 employees.