World Impact Ministries Ltd

Analysis

World Impact Ministries Ltd is a registered charity in United States, based in Winchester, KY. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 July 2024, World Impact Ministries Ltd reported income of $101k and spending of $109k, spending 108% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $122k to $101k (-18%), an average of -18% a year. The sharpest change came in the year to July 2024, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Impact Ministries Ltd sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KY. Charities of a similar size with the same main cause include Kings Road School Parent Teacher Organization PTO ($101k), Partnership for a Sustainable Community ($101k) and Weber County Library Development Fund ($101k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $180, net assets of $13k.