First United Methodist & Calvary Baptist Churchs

Analysis

First United Methodist & Calvary Baptist Churchs is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in January 1926, 100 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, First United Methodist & Calvary Baptist Churchs reported income of $697k and spending of $558k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $697k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First United Methodist & Calvary Baptist Churchs sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Fremont County Group Home Inc ($697k), Star Foundation Inc ($697k) and For Columbus ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $47k (8.4% of expenses). Other salaries and wages came to $328k. At year end it held assets of $536k against liabilities of $7,122, net assets of $529k. It reported 32 employees.