United Methodist Neighborhood Centers Inc

Analysis

United Methodist Neighborhood Centers Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 1976, 50 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, United Methodist Neighborhood Centers Inc reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.1m (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Methodist Neighborhood Centers Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include YWCA of the Lower Cape Fear Inc ($2.1m), Metropolitan Detroit Baptist Manor ($2.1m) and Ubuntu Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $93k (4.3% of expenses). Other salaries and wages came to $414k. At year end it held assets of $1.9m against liabilities of $718k, net assets of $1.1m. It reported 41 employees.