First United Methodist Childcare Center

Analysis

First United Methodist Childcare Center is a registered charity in United States, based in Marion, SC. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, First United Methodist Childcare Center reported income of $212k and spending of $211k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $266k to $212k (-20%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First United Methodist Childcare Center sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Foundation for the Healing Force of the Amazon ($212k), Small Farm Institute Inc ($212k) and Butterfly Financial Education ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $37k (18% of expenses). Other salaries and wages came to $136k. At year end it held assets of $223k against liabilities of $3,115, net assets of $220k. It reported 17 employees.