Worship 428

Analysis

Worship 428 is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Worship 428 reported income of $174k and spending of $154k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $174k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Worship 428 sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Autodynamics Foundation Inc ($174k), Woodland Hills Aquatic Team ($174k) and Inland Empire Soccer Referee Association ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $48k against liabilities of $459, net assets of $47k.