Worldwide Marriage Encounter Section 8
Analysis
Worldwide Marriage Encounter Section 8 is a registered charity in United States, based in Redwood Falls, MN. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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 July 2023, Worldwide Marriage Encounter Section 8 reported income of $63k and spending of $58k, spending 92% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $65k to $63k (-2.8%), an average of -2.8% a year. Over the whole period it spent 88% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worldwide Marriage Encounter Section 8 sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Alexandria Township Historical Society ($63k), National League of Young Men Inc ($63k) and Scituate Etrusco Associates Inc ($63k).
On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alexandria Township Historical Society | Alex Bay | $63k |
| National League of Young Men Inc | LA Jolla | $63k |
| Scituate Etrusco Associates Inc | Scituate | $63k |
| Virginia Congress of Parents and Teachers | Chesapeake | $63k |