Ebenezer Methodist Church

Analysis

Ebenezer Methodist Church is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ebenezer Methodist Church reported income of $469k and spending of $399k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $441k to $469k (+6.3%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ebenezer Methodist Church sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Kings Local School District Area Community Services Inc ($469k), Polish Institute of Arts & Sciences in America Inc ($469k) and Mission Inn Foundation ($469k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $6.2m against liabilities of $1.2m, net assets of $5.0m.