United Methodist College Washington Consortium

Analysis

United Methodist College Washington Consortium is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 May 2024, United Methodist College Washington Consortium reported income of $423k and spending of $353k, spending 83% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $429k to $423k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to May 2022, when income rose by 161%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, United Methodist College Washington Consortium sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Arden Club Inc ($423k), Bay Area Community Benefit Organization ($423k) and Junior League of Indianapolis Inc ($423k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $102k (29% of expenses). Other salaries and wages came to $10k. At year end it held assets of $391k against liabilities of $2,674, net assets of $388k. It reported 2 employees.