Institute for Worship Studies Florida Campus Inc

Analysis

Institute for Worship Studies Florida Campus Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Institute for Worship Studies Florida Campus Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.0m (-2.5%), an average of -0.6% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute for Worship Studies Florida Campus Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Inspire Experiences Corporation ($1.0m), Great Commission Media Ministries - USA ($1.0m) and American Friends of the CNTRL Comm for Taharas Hamishpacha in Israel ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $167k (15% of expenses). Other salaries and wages came to $365k. At year end it held assets of $884k against liabilities of $110k, net assets of $774k. It reported 41 employees.