Tom Williams Worldwide Ministries

Analysis

Tom Williams Worldwide Ministries is a registered charity in United States, based in Lanesville, IN. It received its IRS tax-exemption ruling in June 1973, 53 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, Tom Williams Worldwide Ministries reported income of $231k and spending of $221k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $231k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tom Williams Worldwide Ministries sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Penna Association for the Blind Chester County Branch Inc ($231k), Weddington Area Volunteer Fire Protection Association Inc ($231k) and Amhersts Own Child Care Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $94k (43% of expenses). Other salaries and wages came to $36k. At year end it held assets of $294k against liabilities of $0, net assets of $294k. It reported 4 employees.