Garfield Memorial United Methodist Church Foundation

Analysis

Garfield Memorial United Methodist Church Foundation is a registered charity in United States, based in Pepper Pike, OH. It received its IRS tax-exemption ruling in April 1980, 46 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, Garfield Memorial United Methodist Church Foundation reported income of $166k and spending of $231k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $624k to $166k (-73%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 189%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garfield Memorial United Methodist Church Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Gibbstown School Age Child Care ($166k), Plunketts Creek Township Fire Department ($166k) and Marshfield Youth Hockey Association Inc ($166k).

At year end it held assets of $3.2m against liabilities of $5,393, net assets of $3.2m.