World Reach Missions Inc

Analysis

World Reach Missions Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in October 2013, 13 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 Reach Missions Inc reported income of $85k and spending of $98k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $85k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 121% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Reach Missions Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include By Faith Ministries ($85k), Upward Call Inc ($85k) and Nallayidayan Good Shepherd Ministry Inc ($85k).

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 $65k against liabilities of $0, net assets of $65k.