World Radio Missionary Fellowship Inc

Analysis

World Radio Missionary Fellowship Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 1977, 49 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Radio Missionary Fellowship Inc reported income of $6.9m and spending of $7.5m, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $9.7m to $6.9m (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Radio Missionary Fellowship Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Aberdeen Family YMCA ($6.9m), Girl Scouts of San Gorgonio Council ($6.9m) and Committee on the Shelterless ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $661k (8.8% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $12.8m against liabilities of $1.5m, net assets of $11.3m. It reported 110 employees.