St Pauls United Methodist Church of Cedar Rapids Foundation

Analysis

St Pauls United Methodist Church of Cedar Rapids Foundation is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in March 2003, 23 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 September 2023, St Pauls United Methodist Church of Cedar Rapids Foundation reported income of $351k and spending of $573k, spending 163% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $729k to $351k (-52%), an average of -17% a year. The sharpest change came in the year to September 2023, when income dropped by 70%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Pauls United Methodist Church of Cedar Rapids Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Kesed Seminars ($351k), Jfilmla ($351k) and Will Bright Foundation Inc ($351k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $34k (6.0% of expenses). At year end it held assets of $7.7m against liabilities of $0, net assets of $7.7m.