Worklife Ministry Inc

Analysis

Worklife Ministry Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1990, 36 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 2023, Worklife Ministry Inc reported income of $292k and spending of $299k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $318k to $292k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Worklife Ministry Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Kingdom News Network NFP ($292k), Silicon Valley Harvest ($292k) and Vietnamese Outreach International ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $150k (50% of expenses). At year end it held assets of $304k against liabilities of $366k, net assets of -$62k. It reported 2 employees.