World Evangelistic Outreach Ministries Inc

Analysis

World Evangelistic Outreach Ministries Inc is a registered charity in United States, based in New Brighton, PA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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 Evangelistic Outreach Ministries Inc reported income of $530k and spending of $570k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $249k to $530k (+113%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Evangelistic Outreach Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Middletown Valley Athletic Association Inc ($530k), American Planning Association ($530k) and The Christi Center Inc ($530k).

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 $52k (9.2% of expenses). At year end it held assets of $32k against liabilities of $0, net assets of $32k.

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.