First United Methodist Church of Corpus Christi Texas

Analysis

First United Methodist Church of Corpus Christi Texas is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, First United Methodist Church of Corpus Christi Texas reported income of $972k and spending of $565k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $972k (+242%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 198%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First United Methodist Church of Corpus Christi Texas sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Bill Johnson Ministries ($972k), Shepherds Fold Ranch Inc ($972k) and Burning and Shining Lamp Ministries ($971k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.