Gods World Publications Inc

Analysis

Gods World Publications Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in December 1951, 75 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 June 2023, Gods World Publications Inc reported income of $14.9m and spending of $15.7m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $14.9m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gods World Publications Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Angel Ministries ($14.8m), Far East Broadcasting Company ($15.0m) and Barry & Florence Friedberg Jewish Community Center ($14.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $197k (1.3% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $6.8m against liabilities of $4.6m, net assets of $2.2m. It reported 106 employees.