World Outreach Ministries Inc
Analysis
World Outreach Ministries Inc is a registered charity in United States, based in Kennesaw, GA. It received its IRS tax-exemption ruling in August 1980, 46 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 August 2024, World Outreach Ministries Inc reported income of $11.2m and spending of $11.1m, spending 99% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $9.7m to $11.2m (+15%), an average of +3.6% a year. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Outreach Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Ecker Center for Behavioral Health Inc ($11.2m), The Arc Jacksonville Inc ($11.2m) and Postpartum Support International ($11.2m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $525k (4.7% of expenses). Other salaries and wages came to $190k. At year end it held assets of $2.7m against liabilities of $294k, net assets of $2.4m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ecker Center for Behavioral Health Inc | Elgin | $11.2m |
| The Arc Jacksonville Inc | Jacksonville | $11.2m |
| Postpartum Support International | Portland | $11.2m |
| Scottish Rite Park Inc | Des Moines | $11.2m |