Proclaiming His Word Inc

Analysis

Proclaiming His Word Inc is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Proclaiming His Word Inc reported income of $88k and spending of $97k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $88k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Proclaiming His Word Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Ministerio Internacional LA Cosecha Inc ($88k), Allan Kardec Spiritist Center of Danbury Inc ($88k) and Loving with Mercy Ministries Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $153k against liabilities of $1,227, net assets of $152k.