The Word Forum Inc
Analysis
The Word Forum Inc is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in July 2001, 25 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, The Word Forum Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $852k to $1.6m (+90%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 41%. 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, The Word Forum Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Reaching Indians Ministries International Inc ($1.6m), World Christian Charity Fund ($1.6m) and Our Lady of Lourdes Hospitality North American Volunteers ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $804k. At year end it held assets of $521k against liabilities of $13k, net assets of $508k.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Other 7.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reaching Indians Ministries International Inc | Lindenhurst | $1.6m |
| World Christian Charity Fund | Fredericksburg | $1.6m |
| Our Lady of Lourdes Hospitality North American Volunteers | Syracuse | $1.6m |
| Hope House Ministries Inc | Bowling Green | $1.6m |