Allegheny Wesleyan Methodist Stewardship Foundation Inc

Analysis

Allegheny Wesleyan Methodist Stewardship Foundation Inc is a registered charity in United States, based in Salem, OH. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Allegheny Wesleyan Methodist Stewardship Foundation Inc reported income of $225k and spending of $210k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $225k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 293%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Allegheny Wesleyan Methodist Stewardship Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Christ Is Lord International Church ($224k), Risen Jesus Inc ($225k) and Companions in Grace Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $23k (11% of expenses). At year end it held assets of $5.2m against liabilities of $2.0m, net assets of $3.2m. It reported 2 employees.