World Town Church

Analysis

World Town Church is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2002, 24 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 Town Church reported income of $153k and spending of $153k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $153k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Town Church sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Education Foundation of American Society of Farm Managers & Ru Appr ($153k), Family Support Services of Horry County Inc ($153k) and Clandestine Laboratory Investigating Chemists ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.