Worshipcity Ministries

Analysis

Worshipcity Ministries is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in July 2000, 26 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 2023, Worshipcity Ministries reported income of $126k and spending of $116k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $126k (-2.6%), an average of -2.6% a year. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Worshipcity Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Dieu de Buddhist Association NW FL ($126k), Friends of St Nicholas ($126k) and Luisa Piccarreta Center for the ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. At year end it held assets of $83k against liabilities of $38k, net assets of $45k.