Conference Claimants Endowment BD California Ann Conf Methodist CH

Analysis

Conference Claimants Endowment BD California Ann Conf Methodist CH is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in June 1943, 83 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Conference Claimants Endowment BD California Ann Conf Methodist CH reported income of $10.9m and spending of $4.3m, leaving 61% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $8.8m to $10.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to April 2022, when income rose by 26%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Conference Claimants Endowment BD California Ann Conf Methodist CH sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Foundation for the Preservation & Perpetuation of Torah Laws & Custo ($10.9m), Praying Pelican Missions ($11.0m) and CBMC Inc ($10.9m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 1.2% of the total. Compensation of current officers, directors and key employees was $672k (16% of expenses). Other salaries and wages came to $448k. At year end it held assets of $140.7m against liabilities of $74.7m, net assets of $66.0m. It reported 48 employees.