Richard Wurmbrand Foundation Inc

Analysis

Richard Wurmbrand Foundation Inc is a registered charity in United States, based in PLS VRDS PNSL, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Richard Wurmbrand Foundation Inc reported income of $138k and spending of $171k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $138k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 45%. 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, Richard Wurmbrand Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Empowering Partners Inc ($138k), Shiloh Family Ministries ($138k) and Joy TV International ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (44% of expenses). Other salaries and wages came to $7,041. At year end it held assets of -$3,417 against liabilities of $0, net assets of -$3,417. It reported 3 employees.