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Word for the World Baptist Ministries Inc

RegisteredEIN 58-2255069Rossville, GAReligion
Income$4.4m2022-12
Spending$4.4msame year
Spent / received99%4-year average
Size in its cause98th pctReligion
Exempt since1997Publicly supported organisat
Employees0latest return

Analysis

Word for the World Baptist Ministries Inc is a registered charity in United States, based in Rossville, GA. It received its IRS tax-exemption ruling in September 1997, 29 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 December 2022, Word for the World Baptist Ministries Inc reported income of $4.4m and spending of $4.4m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.2m to $4.4m (+3.1%), an average of +1.0% a year. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word for the World Baptist Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Jack & Lee Rosen Jewish Community Center Inc ($4.4m), Fransalian Missionaries Inc ($4.4m) and Christians Reaching Out to Society Inc ($4.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $6,050 (0.1% of expenses). At year end it held assets of $836k against liabilities of $502k, net assets of $334k.

Income and spending

$0$1.2m$2.3m$3.5m$4.6m2019 Income: $4,249,7052019 Spending: $4,104,64320192020 Income: $4,139,3282020 Spending: $4,041,44420202021 Income: $4,628,8112021 Spending: $4,575,64120212022 Income: $4,382,5902022 Spending: $4,438,0392022
IncomeSpending

Where the income comes from

  • Contributions & grants 1.4%
  • Program services 99%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Jack & Lee Rosen Jewish Community Center IncOrlando$4.4m
Fransalian Missionaries IncLoganville$4.4m
Christians Reaching Out to Society IncLK Worth BCH$4.4m
Ferncliff Camp & Conference CenterLittle Rock$4.4m