Tower of Faith World Missions

Analysis

Tower of Faith World Missions is a registered charity in United States, based in Enid, OK. It received its IRS tax-exemption ruling in October 1981, 45 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 2022, Tower of Faith World Missions reported income of $83k and spending of $162k, spending 196% of what it took in. Across the 2 years on record, from December 2020 to December 2022, income fell from $88k to $83k (-6.4%), an average of -6.4% a year. Over the whole period it spent 128% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tower of Faith World Missions sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within OK. Charities of a similar size with the same main cause include Phoenix Virtues Association ($83k), House of Restoration Church of Christ Inc ($83k) and Hands of God Missions Inc ($83k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.