Wtl-The Way Truth and Life Outreach

Analysis

Wtl-The Way Truth and Life Outreach is a registered charity in United States, based in Waller, TX. It received its IRS tax-exemption ruling in November 2004, 22 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, Wtl-The Way Truth and Life Outreach reported income of $672k and spending of $742k, spending 110% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $189k to $672k (+255%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wtl-The Way Truth and Life Outreach sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Visual Story International ($671k), Lou Engle Ministries ($672k) and International Christian Mission Services ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $131k (18% of expenses). Other salaries and wages came to $302k. At year end it held assets of $317k against liabilities of $7,096, net assets of $310k. It reported 16 employees.