Gulfside Association of the United Methodist Church Inc
Analysis
Gulfside Association of the United Methodist Church Inc is a registered charity in United States, based in Waveland, MS. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Gulfside Association of the United Methodist Church Inc reported income of $142k and spending of $200k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $142k (+254%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 128% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Gulfside Association of the United Methodist Church Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within MS. Charities of a similar size with the same main cause include Emmaus House Inc ($142k), Freedom in Christ Christain Fellowship ($142k) and Disciple Maker Ministries ($142k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $28k (14% of expenses). At year end it held assets of $736k against liabilities of $3,912, net assets of $732k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Emmaus House Inc | Sidney | $142k |
| Freedom in Christ Christain Fellowship | Aurora | $142k |
| Disciple Maker Ministries | Woodstock | $142k |
| Breckenridge Christian Ministries | Breckenridge | $142k |