United Methodist Church Methodist Publishing House

Analysis

United Methodist Church Methodist Publishing House is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 1971, 55 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 July 2023, United Methodist Church Methodist Publishing House reported income of $16.7m and spending of $14.7m, spending 88% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $37.5m to $16.7m (-56%), an average of -18% a year. The sharpest change came in the year to July 2021, when income dropped by 31%. Over the whole period it spent 154% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Methodist Church Methodist Publishing House 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 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Ability KC ($16.7m), Mile High Montessori Early Learning Centers ($16.7m) and Santa Fe Communications Inc ($16.6m).

Compensation of current officers, directors and key employees was $1.4m (9.9% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $36.5m against liabilities of $6.8m, net assets of $29.7m. It reported 146 employees.