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World Missionary Press Inc

RegisteredEIN 35-1076405New Paris, INReligion
Income$7.0m2023-09
Spending$7.6msame year
Spent / received72%5-year average
Size in its cause99th pctReligion
Exempt since1964Publicly supported organisat
Employees69latest return

Analysis

World Missionary Press Inc is a registered charity in United States, based in New Paris, IN. It received its IRS tax-exemption ruling in November 1964, 62 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 September 2023, World Missionary Press Inc reported income of $7.0m and spending of $7.6m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $13.9m to $7.0m (-49%), an average of -16% a year. The sharpest change came in the year to September 2020, when income dropped by 64%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Missionary Press Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Yaazoru Inc ($7.0m), Beyond Shelter Frederick Inc ($7.0m) and Faith and Liberty Discovery Center LLC ($7.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $108k (1.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $13.2m against liabilities of $238k, net assets of $13.0m. It reported 69 employees.

Income and spending

$0$3.5m$7.0m$10.4m$13.9m2019 Income: $13,913,1912019 Spending: $4,492,30720192020 Income: $5,004,3402020 Spending: $4,725,96820202021 Income: $7,056,2442021 Spending: $5,410,17220212022 Income: $6,479,5752022 Spending: $6,373,23820222023 Income: $7,027,6922023 Spending: $7,583,7802023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 5.6%

Similar-sized charities, same cause

CharityLocationIncome
Yaazoru IncLakewood$7.0m
Beyond Shelter Frederick IncFrederick$7.0m
Faith and Liberty Discovery Center LLCPhiladelphia$7.0m
United States Catholic ConferenceCleveland$7.1m