Chinese Worldwide Gospel Mission

Analysis

Chinese Worldwide Gospel Mission is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2014, 12 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, Chinese Worldwide Gospel Mission reported income of $61k and spending of $58k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $61k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chinese Worldwide Gospel Mission sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Elijah Now ($61k), New York 24 7 Prayer Center Inc ($61k) and Ministerio Fe E Esperanca NP ($61k).

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 $214k against liabilities of $474, net assets of $213k.