World Ministry Fellowship

Analysis

World Ministry Fellowship is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, World Ministry Fellowship reported income of $1.8m and spending of $2.0m, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $1.8m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Ministry Fellowship sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Developmental Educational Assistance Program of Southeastern ($1.8m), Thai Community Development Center ($1.8m) and Educational Child Care Center ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $258k (13% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $961k against liabilities of $139k, net assets of $822k. It reported 39 employees.