Todays World Ministries Inc

Analysis

Todays World Ministries Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in July 1976, 50 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 December 2023, Todays World Ministries Inc reported income of $187k and spending of $187k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $187k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Todays World Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include International Center for Artifical Organs & Transplantation ($187k), Fraternal Order of Police Lodge No 77 Police Athletic League Inc ($187k) and Trustees of the First Parish in Portland ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.