St Marks United Methodist Church Foundation

Analysis

St Marks United Methodist Church Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 1990, 36 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, St Marks United Methodist Church Foundation reported income of $425k and spending of $34k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $425k (+185%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 983%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marks United Methodist Church Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Oak House ($425k), Southeast Japanese School ($425k) and A Better Chance in Lower Merion Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.