Word on Fire Catholic Ministries

Analysis

Word on Fire Catholic Ministries is a registered charity in United States, based in Elk Grove VLG, IL. It received its IRS tax-exemption ruling in April 2009, 17 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 June 2023, Word on Fire Catholic Ministries reported income of $21.6m and spending of $14.6m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $21.6m (+371%), an average of +47% a year. The sharpest change came in the year to June 2020, when income rose by 101%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word on Fire Catholic Ministries sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Melvin J Berman Hebrew Academy ($21.5m), Charis Bible Colleges Inc ($21.7m) and Lutheran Center at Poughkeepsie Inc ($21.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $1.6m (11% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $38.7m against liabilities of $2.9m, net assets of $35.8m. It reported 70 employees.