Truth for Today World Mission School Inc

Analysis

Truth for Today World Mission School Inc is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in December 1994, 32 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, Truth for Today World Mission School Inc reported income of $2.2m and spending of $2.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.2m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth for Today World Mission School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Erie United Methodist Alliance ($2.2m), Gye Corp ($2.3m) and Our Lady Queen of Peace House of Prayer ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $40k (2.0% of expenses). Other salaries and wages came to $589k. At year end it held assets of $13.5m against liabilities of $65k, net assets of $13.4m. It reported 32 employees.