LA Jolla United Methodist Church Foundation

Analysis

LA Jolla United Methodist Church Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, LA Jolla United Methodist Church Foundation reported income of $302k and spending of $139k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4,096 to $302k (+7276%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 2510%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Jolla United Methodist Church Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Fontbonne Manor Housing Development Fund Company Inc ($302k), Iglesia de Dios Manantiales de Vida Eterna Inc ($302k) and Watertown Hockey Association Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.