Cullman First United Methodist Foundation

Analysis

Cullman First United Methodist Foundation is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in October 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cullman First United Methodist Foundation reported income of $68k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $68k (-24%), an average of -6.8% a year. Over the whole period it spent 0.0% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cullman First United Methodist Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within AL. Charities of a similar size with the same main cause include Read for Life ($68k), Austin Community Scholarship Committee ($68k) and Bound Brook Rescue Squad Inc ($67k).

At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.