Strategic World Impact Inc

Analysis

Strategic World Impact Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Strategic World Impact Inc reported income of $576k and spending of $685k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $576k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Strategic World Impact Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Julies Dream Inc ($576k), Love of Jesus Inc ($576k) and H O M E at Sunset Benevolence Ministries International Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $169k (25% of expenses). It paid $250 in professional fundraising fees. At year end it held assets of $236k against liabilities of $0, net assets of $236k. It reported 3 employees.