World Reach Inc

Analysis

World Reach Inc is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in August 1983, 43 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, World Reach Inc reported income of $1.8m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Reach Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Got Questions Ministries ($1.8m), Lappin Foundation ($1.8m) and Surfing the Nations ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $955k. At year end it held assets of $2.0m against liabilities of $2,112, net assets of $2.0m. It reported 16 employees.