Flat Rock Childrens Home of the United Methodist Church

Analysis

Flat Rock Childrens Home of the United Methodist Church is a registered charity in United States, based in Flat Rock, OH. It received its IRS tax-exemption ruling in May 1955, 71 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Flat Rock Childrens Home of the United Methodist Church reported income of $545k and spending of $525k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $548k to $545k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flat Rock Childrens Home of the United Methodist Church sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Mineola Athletic Association Inc ($545k), Swainsboro Presbyterian Housing Corporation ($545k) and Habitat for Humanity International Inc ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $41k (7.8% of expenses). Other salaries and wages came to $294k. At year end it held assets of $12.1m against liabilities of $561k, net assets of $11.5m. It reported 14 employees.