World Bible Way Fellowship Inc

Analysis

World Bible Way Fellowship Inc is a registered charity in United States, based in Ben Franklin, TX. It received its IRS tax-exemption ruling in February 1972, 54 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Bible Way Fellowship Inc reported income of $109k and spending of $95k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $148k to $109k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Bible Way Fellowship Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Soccer Assoc for Youth ($109k), Bridge International Inc ($110k) and Hives for Heroes ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $147k against liabilities of $563, net assets of $146k.