First United Methodist Church of Wilson Endowment Fund a Non-Pro

Analysis

First United Methodist Church of Wilson Endowment Fund a Non-Pro is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in May 2020, 6 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, First United Methodist Church of Wilson Endowment Fund a Non-Pro reported income of $205k and spending of $2,561, leaving 99% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $285k to $205k (-28%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 15% 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 Wilson Endowment Fund a Non-Pro sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include My Catholic Life Inc ($205k), Church of Jesus Christ the Lord Inc ($205k) and First Baptist Church ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.