Light of the World Worship Center

Analysis

Light of the World Worship Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Light of the World Worship Center reported income of $530k and spending of $485k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $418k to $530k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of the World Worship Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Unity 4 Orphans ($530k), Charles Crest Corporation ($530k) and Institute for Advanced Usuli Studies ($530k).

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 $36k (7.4% of expenses). At year end it held assets of $1.4m against liabilities of $664k, net assets of $785k.