World Harvest Ministries

Analysis

World Harvest Ministries is a registered charity in United States, based in Cedar, MN. It received its IRS tax-exemption ruling in June 1992, 34 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, World Harvest Ministries reported income of $142k and spending of $177k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $142k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Harvest Ministries sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Journeys of Faith ($142k), Shepherd Heart Ministries ($142k) and Missio Dei West Foundation ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $280k against liabilities of $196k, net assets of $84k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.