World Changers Student Missions

Analysis

World Changers Student Missions is a registered charity in United States, based in Lynn Haven, FL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, World Changers Student Missions reported income of $858k and spending of $781k, spending 91% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $476k to $858k (+80%), an average of +80% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, World Changers Student Missions sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Jacksonville Chamber Foundation Inc ($858k), Montgomery County Opportunities Industrialization Center Inc ($858k) and National Association of Minority Contractors Inc ($857k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $62k (8.0% of expenses). Other salaries and wages came to $75k. At year end it held assets of $119k against liabilities of $3,325, net assets of $116k. It reported 12 employees.