World Missions & Evangelism Inc

Analysis

World Missions & Evangelism Inc is a registered charity in United States, based in Benton, KY. It received its IRS tax-exemption ruling in November 2012, 14 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 Missions & Evangelism Inc reported income of $2.2m and spending of $1.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.2m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Missions & Evangelism Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Management Services Inc ($2.2m), Girl Scouts of the Sierra Nevada ($2.2m) and Speech & Hearing Center of the Midsouth ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (3.2% of expenses). Other salaries and wages came to $86k. At year end it held assets of $616k against liabilities of $0, net assets of $616k. It reported 5 employees.