First United Methodist Church of Peoria Foundation

Analysis

First United Methodist Church of Peoria Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First United Methodist Church of Peoria Foundation reported income of $612k and spending of $382k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $612k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 309%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First United Methodist Church of Peoria Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Cedar Park Friends Foundation ($612k), Gods Word for the Nations ($612k) and Kavod Family ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $8.2m against liabilities of $1.5m, net assets of $6.7m.