Spanish World Ministries Inc

Analysis

Spanish World Ministries Inc is a registered charity in United States, based in Warsaw, IN. It received its IRS tax-exemption ruling in May 1962, 64 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, Spanish World Ministries Inc reported income of $482k and spending of $522k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $482k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spanish World Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Poor of Jesus Christ Inc ($481k), American Friends of Chochmas Hatorah Inc ($482k) and 1040 Connections Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $22k (4.3% of expenses). Other salaries and wages came to $60k. At year end it held assets of $146k against liabilities of $1,467, net assets of $144k. It reported 3 employees.