Wordalone Ministries

Analysis

Wordalone Ministries is a registered charity in United States, based in Graham, NC. It received its IRS tax-exemption ruling in May 2000, 26 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, Wordalone Ministries reported income of $404k and spending of $349k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $406k to $404k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wordalone Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Shane Willard Ministries ($404k), Aleksandr Shevchenko International Ministires Inc ($404k) and Not by Works Inc ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $78k (22% of expenses). Other salaries and wages came to $43k. At year end it held assets of $532k against liabilities of $77k, net assets of $456k. It reported 5 employees.