World Bible Ministries
Analysis
World Bible Ministries is a registered charity in United States, based in Prattville, AL. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Bible Ministries reported income of $146k and spending of $166k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $146k (+162%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 143% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Bible Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AL. Charities of a similar size with the same main cause include Project Rehema Ministries Inc ($146k), Creating Friendships for Peace Inc ($146k) and Guatestar ($146k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $506k against liabilities of $0, net assets of $506k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Rehema Ministries Inc | Sioux City | $146k |
| Creating Friendships for Peace Inc | Washington | $146k |
| Guatestar | Golden | $146k |
| World Ahead Corp | Mableton | $146k |