United Methodist Communities Homeworks Inc

Analysis

United Methodist Communities Homeworks Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Methodist Communities Homeworks Inc reported income of $2.0m and spending of $2.6m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.0m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Methodist Communities Homeworks Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include White Mountain Community Health Center ($2.0m), Miami Rescue Mission Clinic Inc ($2.0m) and Carolina Collaborative Community Care Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $504k against liabilities of $3.0m, net assets of -$2.5m. It reported 138 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.