Coker Umc Permanent Endowment Fund

Analysis

Coker Umc Permanent Endowment Fund is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2018, 8 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, Coker Umc Permanent Endowment Fund reported income of $61k and spending of $48k, leaving 22% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $48k to $61k (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 214%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Coker Umc Permanent Endowment Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Free in Christ Prison Ministries ($61k), Glenn Polk Ministries ($61k) and Wellspring Anglican Church ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.