Service League of Methodist Medical Center

Analysis

Service League of Methodist Medical Center is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 1956, 70 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 January 2024, Service League of Methodist Medical Center reported income of $152k and spending of $10k, leaving 93% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $126k to $152k (+21%), an average of +4.8% a year. The sharpest change came in the year to January 2024, when income rose by 141%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Service League of Methodist Medical Center sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Care Net Pregnancy Center of Mason County ($152k), Made of Millions Foundation Inc ($152k) and Boomerjacks Charities ($152k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 34% of the total. Other salaries and wages came to $1,196. At year end it held assets of $327k against liabilities of $1,312, net assets of $326k. It reported 4 employees.