Board of Child Care of the United Methodist Church Incorporated

Analysis

Board of Child Care of the United Methodist Church Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Board of Child Care of the United Methodist Church Incorporated reported income of $53.0m and spending of $55.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.1m to $53.0m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Board of Child Care of the United Methodist Church Incorporated sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Harvest Hope Food Bank ($52.9m), Methodist Home for the Aging ($53.0m) and Catholic Charities and Community Services of the Archdiocese of Den ($52.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $483k (0.9% of expenses). Other salaries and wages came to $31.4m. At year end it held assets of $115.1m against liabilities of $9.9m, net assets of $105.2m. It reported 1,021 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.