Monroe Street Methodist Church Foundation Inc

Analysis

Monroe Street Methodist Church Foundation Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in November 1964, 62 years ago. 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 December 2023, Monroe Street Methodist Church Foundation Inc reported income of $63k and spending of $67k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $70k to $63k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe Street Methodist Church Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Roswell-Alpharetta Seniors Enriched Living Inc ($63k), PTA California Congress of Parents Teachers & Students Inc ($63k) and Pennington First Aid Squad Inc ($63k).

At year end it held assets of $681k against liabilities of $0, net assets of $681k.