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Worldserve Ministries

RegisteredEIN 32-0482182Bellingham, WAOverseas aid and international
Income$824k2023-06
Spending$660ksame year
Spent / received44%3-year average
Size in its cause78th pctOverseas aid and international
Exempt since2016Publicly supported organisat
Employees6latest return

Analysis

Worldserve Ministries is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Worldserve Ministries reported income of $824k and spending of $660k, spending 80% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.0m to $824k (-20%), an average of -11% a year. Over the whole period it spent 44% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Worldserve Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Ghana Make a Difference Inc ($823k), Maralliance ($825k) and Youcanfreeus Foundation ($822k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $153k. At year end it held assets of $1.8m against liabilities of $171k, net assets of $1.6m. It reported 6 employees.

Income and spending

$0$259k$517k$776k$1.0m2021 Income: $1,034,0652021 Spending: $8,48220212022 Income: $883,1342022 Spending: $529,85620222023 Income: $824,0082023 Spending: $660,2582023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Ghana Make a Difference IncStar$823k
MarallianceSan Francisco$825k
Youcanfreeus FoundationFlower Mound$822k
The Rebuilding AllianceRedwood City$826k