United Methodist Memorial Home Foundation

Analysis

United Methodist Memorial Home Foundation is a registered charity in United States, based in Warren, IN. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, United Methodist Memorial Home Foundation reported income of $365k and spending of $58k, leaving 84% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $314k to $365k (+16%), an average of +3.9% a year. The sharpest change came in the year to March 2021, when income rose by 130%. Over the whole period it spent 11% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Methodist Memorial Home Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Helping Hand Mission ($365k), Peacemakers International ($365k) and Tabithas Heart ($365k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $15.8m against liabilities of $8,973, net assets of $15.8m.