World Ministries a New Jersey Non Profit Corporation

Analysis

World Ministries a New Jersey Non Profit Corporation is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in April 2000, 26 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, World Ministries a New Jersey Non Profit Corporation reported income of $785k and spending of $756k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $645k to $785k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Ministries a New Jersey Non Profit Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Direction for Our Times ($784k), Sunrise International Ministries ($785k) and Multimedia Theological Training ($784k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $59k (7.8% of expenses). Other salaries and wages came to $185k. At year end it held assets of $681k against liabilities of $8,145, net assets of $673k. It reported 12 employees.