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World Outreach Ministries Inc

RegisteredEIN 58-1387722Kennesaw, GAOther charitable purposes
Income$11.2m2024-08
Spending$11.1msame year
Spent / received97%5-year average
Size in its cause96th pctOther charitable purposes
Exempt since1980Publicly supported organisat
Employees8latest return

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

$0$2.8m$5.6m$8.4m$11.2m2020 Income: $9,716,7762020 Spending: $9,463,17620202021 Income: $10,597,4972021 Spending: $10,046,54220212022 Income: $10,553,7782022 Spending: $10,140,32620222023 Income: $11,051,8242023 Spending: $10,715,08120232024 Income: $11,181,6402024 Spending: $11,058,4722024
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Ecker Center for Behavioral Health IncElgin$11.2m
The Arc Jacksonville IncJacksonville$11.2m
Postpartum Support InternationalPortland$11.2m
Scottish Rite Park IncDes Moines$11.2m