Mennonite Church Buildings Inc

Analysis

Mennonite Church Buildings Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in October 1976, 50 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, Mennonite Church Buildings Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mennonite Church Buildings Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Northern Community Radio ($1.6m), Conservative Coalition for Climate Solutions ($1.6m) and Columbia-Greene Habitat for Humanity Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Other salaries and wages came to $136k. At year end it held assets of $11.3m against liabilities of $10.7m, net assets of $529k. It reported 2 employees.