Multiply Worldwide Inc

Analysis

Multiply Worldwide Inc is a registered charity in United States, based in Crab Orchard, WV. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Multiply Worldwide Inc reported income of $136k and spending of $132k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $136k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Multiply Worldwide Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within WV. Charities of a similar size with the same main cause include Sunflower Organization Inc ($136k), Gods Congregation Worship Center ($136k) and Reflections for Women Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,932 against liabilities of $0, net assets of $4,932.