Wccm-Usa Ltd Corporation

Analysis

Wccm-Usa Ltd Corporation is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in December 1992, 34 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 2022, Wccm-Usa Ltd Corporation reported income of $266k and spending of $282k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $274k to $266k (-2.9%), an average of -1.0% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wccm-Usa Ltd Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Open Door Ministries of Mount Pleasant ($266k), Emerging Leadership Initiative ($266k) and Heart of the Father Ministries International ($266k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.