Marvin Methodist Church Foundation Inc

Analysis

Marvin Methodist Church Foundation Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marvin Methodist Church Foundation Inc reported income of $135k and spending of $21k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $460k to $135k (-71%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 477%. Over the whole period it spent 4.3% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marvin Methodist Church Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Harvest Evangelistic Ministries ($135k), Iskcon of Bergen County Inc ($135k) and Olf Society of Los Banos ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.