I Witness Ministries Inc

Analysis

I Witness Ministries Inc is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, I Witness Ministries Inc reported income of $1.1m and spending of $906k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $449k to $1.1m (+144%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 239%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, I Witness Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Our Lady of Fatima Retreat House Inc ($1.1m), Lutheran Public Radio Inc ($1.1m) and Camp Jonah ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 53% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $229k (25% of expenses). Other salaries and wages came to $113k. At year end it held assets of $421k against liabilities of $0, net assets of $421k. It reported 8 employees.