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World Methodist Evangelism Inc

RegisteredEIN 45-5386246W Lafayette, INReligion
Income$828k2023-12
Spending$670ksame year
Spent / received100%5-year average
Size in its cause89th pctReligion
Exempt since2012Publicly supported organisat
Employees5latest return

Analysis

World Methodist Evangelism Inc is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in September 2012, 14 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 Methodist Evangelism Inc reported income of $828k and spending of $670k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $586k to $828k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Methodist Evangelism Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include The Potters Wheel Inc ($828k), Stablestrides ($828k) and Islamic Society of Western Massachusetts ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $125k (19% of expenses). Other salaries and wages came to $243k. At year end it held assets of $873k against liabilities of $17k, net assets of $857k. It reported 5 employees.

Income and spending

$0$259k$518k$778k$1.0m2019 Income: $585,9812019 Spending: $776,57720192020 Income: $687,6522020 Spending: $661,24520202021 Income: $1,036,8952021 Spending: $993,23120212022 Income: $718,8042022 Spending: $773,85020222023 Income: $828,2322023 Spending: $669,9502023
IncomeSpending

Where the income comes from

  • Contributions & grants 89%
  • Program services 9.9%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
The Potters Wheel IncEvansville$828k
StablestridesElbert$828k
Islamic Society of Western MassachusettsW Springfield$828k
Stein Yeshiva of Lincoln ParkYonkers$828k