French World Ministries Inc

Analysis

French World Ministries Inc is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, French World Ministries Inc reported income of $78k and spending of $75k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $78k (+31%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, French World Ministries Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Gloucester Meetinghouse Foundation ($78k), Vaca High School Music Boosters ($78k) and Davis Community Chorale Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,223 (8.3% of expenses). At year end it held assets of $27k against liabilities of $0, net assets of $27k.