Worldwide Evangelistic Ministries Inc

Analysis

Worldwide Evangelistic Ministries Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1988, 38 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 December 2023, Worldwide Evangelistic Ministries Inc reported income of $262k and spending of $249k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $258k to $262k (+1.5%), an average of +1.5% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worldwide Evangelistic Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($262k), Pax Dei for Nuba ($262k) and Mediation Services of North Central Massachusetts Inc ($262k).

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 $39k (16% of expenses). At year end it held assets of $464k against liabilities of $179k, net assets of $285k. It reported 2 employees.