The Word for the World Inc

Analysis

The Word for the World Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 1988, 38 years ago. 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 December 2023, The Word for the World Inc reported income of $269k and spending of $264k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $269k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Word for the World Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Bible Conference Inc Northfield ($269k), Little League Baseball Inc ($269k) and Midwest Hemophilia Association ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). Other salaries and wages came to $87k. At year end it held assets of $85k against liabilities of $0, net assets of $85k. It reported 18 employees.