Florida United Methodist Childrens Home Inc

Analysis

Florida United Methodist Childrens Home Inc is a registered charity in United States, based in Deltona, FL. It received its IRS tax-exemption ruling in April 1942, 84 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 December 2023, Florida United Methodist Childrens Home Inc reported income of $24.2m and spending of $20.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $24.5m to $24.2m (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida United Methodist Childrens Home Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Living Water International ($24.2m), Region II Commission on Services to the Aging ($24.3m) and Share of New Square Inc ($24.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 41% of the total. Other salaries and wages came to $10.6m. At year end it held assets of $86.8m against liabilities of $2.1m, net assets of $84.7m. It reported 326 employees.