Bashor Home of the United Methodist Church Inc

Analysis

Bashor Home of the United Methodist Church Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bashor Home of the United Methodist Church Inc reported income of $16.9m and spending of $17.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.9m to $16.9m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bashor Home of the United Methodist Church Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Resilient Health Inc ($16.9m), Community Action of Skagit County ($16.9m) and Adolph and Rose Levis Jewish Community Center Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $524k (3.1% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $25.4m against liabilities of $3.5m, net assets of $21.9m. It reported 253 employees.