United Methodist Home of Enid Inc

Analysis

United Methodist Home of Enid Inc is a registered charity in United States, based in Enid, OK. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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 June 2023, United Methodist Home of Enid Inc reported income of $11.2m and spending of $11.9m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.6m to $11.2m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Methodist Home of Enid Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Legal Aid Society of Nassau County N Y ($11.2m), Lutheran Retirement Center Wilmington Inc ($11.3m) and Independent School Inc ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $166k (1.4% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $5.1m against liabilities of $6.9m, net assets of -$1.7m. It reported 214 employees.