First Methodist School Inc

Analysis

First Methodist School Inc is a registered charity in United States, based in Bartow, FL. It received its IRS tax-exemption ruling in January 1974, 52 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 June 2021, First Methodist School Inc reported income of $979k and spending of $883k, spending 90% of its income. Across the 3 years on record, from June 2019 to June 2021, income grew from $948k to $979k (+3.3%), an average of +1.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Methodist School Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Cliff Keen Wrestling Club ($978k), Commission on Accreditation for Home Care Inc ($979k) and Boysville Auxiliary of San Antonio ($978k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $670k. At year end it held assets of $363k against liabilities of $157k, net assets of $206k. It reported 32 employees.