Methodist Village Inc

Analysis

Methodist Village Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Methodist Village Inc reported income of $230k and spending of $151k, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.0m to $230k (-89%), an average of -35% a year. The sharpest change came in the year to June 2022, when income rose by 386%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Methodist Village Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AR. Charities of a similar size with the same main cause include Topeka Supportive Housing Inc ($230k), Friends of Children of North Central Florida Inc ($230k) and Lutheran Housing Corporation of California ($230k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 115% of the total. Compensation of current officers, directors and key employees was $7,307 (4.8% of expenses). Other salaries and wages came to $40k. At year end it held assets of $4.4m against liabilities of $1.6m, net assets of $2.8m.