International Bridges of Worship Inc

Analysis

International Bridges of Worship Inc is a registered charity in United States, based in Midlothian, TX. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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 December 2023, International Bridges of Worship Inc reported income of $100k and spending of $62k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $100k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Bridges of Worship Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Old Tappa First Aid Corps Inc ($100k), Education Foundation of Muskogee Inc ($100k) and Student Center Foundation ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.