First United Methodist Foundation of Sidney Inc

Analysis

First United Methodist Foundation of Sidney Inc is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First United Methodist Foundation of Sidney Inc reported income of $452k and spending of $188k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $665k to $452k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First United Methodist Foundation of Sidney Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Ukraine Challenge International Inc ($452k), KH Institute ($452k) and Freedom to Lead International ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.