Foundation of the Methodist Home of South Georgia Conference Inc

Analysis

Foundation of the Methodist Home of South Georgia Conference Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Foundation of the Methodist Home of South Georgia Conference Inc reported income of $1.8m and spending of $889k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.8m (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 181%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation of the Methodist Home of South Georgia Conference Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Proyecto Juan Diego Inc ($1.8m), National Society to Prevent Blindness ($1.8m) and Together for Good Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $149k (17% of expenses). Other salaries and wages came to $22k. At year end it held assets of $26.8m against liabilities of $4.4m, net assets of $22.5m. It reported 3 employees.