World Evangelical Alliance

Analysis

World Evangelical Alliance is a registered charity in United States, based in Wingdale, NY. It received its IRS tax-exemption ruling in August 1978, 48 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Evangelical Alliance reported income of $2.7m and spending of $2.9m, spending 109% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.1m to $2.7m (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Evangelical Alliance sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Former Members of Congress Inc ($2.7m), LA Paloma Family Services Inc ($2.7m) and Citizens United Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $210k (7.2% of expenses). Other salaries and wages came to $143k. At year end it held assets of $801k against liabilities of $44k, net assets of $757k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.