Word of Messiah Ministries Inc
Analysis
Word of Messiah Ministries Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Word of Messiah Ministries Inc reported income of $316k and spending of $305k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $291k to $316k (+8.7%), an average of +2.1% a year. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Word of Messiah Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Witness to the Nations Inc ($316k), Gospel Outbound Inc ($316k) and Great Oaks Counseling Center ($316k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $134k (44% of expenses). Other salaries and wages came to $88k. At year end it held assets of $970k against liabilities of $337k, net assets of $633k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 28%
- Other 7.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Witness to the Nations Inc | New Ipswich | $316k |
| Gospel Outbound Inc | Sebring | $316k |
| Great Oaks Counseling Center | Bozeman | $316k |
| Quan Am Temple of Buddhist Cultural Centre of Cleveland-Ohio | Cleveland | $316k |