Sumter United Ministries

Analysis

Sumter United Ministries is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in September 1994, 32 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 2023, Sumter United Ministries reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $879k to $1.6m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sumter United Ministries sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Palo Alto Ballet Incorporated ($1.6m), Darke County Foundation ($1.6m) and North Carolina Association of Black Lawyer Land Loss Prevention Projec ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $71k (5.0% of expenses). Other salaries and wages came to $399k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 26 employees.