E G Kingsley Fbo Grace Untd Meth Ch is located in Westerly, RI.
For the year ending 12/2023, E G Kingsley Fbo Grace Untd Meth Ch generated $52.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $25.7k during the year ending 12/2023. While expenses have increased by 13.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GRACE UNITED METHODIST CHURCH: THE TRUSTEE IS DIRECTED TO PAY 80% OF THE ANNUAL NET INCOME TO THE GRACE UNITED METHODIST CHURCH, A TAX EXEMPT ENTITY, FOR THEIR GENERAL USE AND PURPOSES.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,404 |
| Gain or Loss | $37,310 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,714 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,442 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,754 |
| Total expenses | $25,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $433,102 |
| Other assets | $0 |
| Total assets | $433,102 |
| Total liabilities | $0 |
| Net assets or fund balances | $433,102 |