Milford United Methodist Church Endowment Fund

Analysis

Milford United Methodist Church Endowment Fund is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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, Milford United Methodist Church Endowment Fund reported income of $98k and spending of $82k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $98k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milford United Methodist Church Endowment Fund sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Strive CLT Inc ($98k), Cambridge Senior Center Inc ($98k) and Friends of the Arthur R Marshall Loxahatchee Natl Wildlife Refuge ($98k).

At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.