World Revival Ministries Inc

Analysis

World Revival Ministries Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in June 2022, 4 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, World Revival Ministries Inc reported income of $62k and spending of $95k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $421k to $62k (-85%), an average of -85% a year. The sharpest change came in the year to December 2023, when income dropped by 85%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Revival Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include First Cause ($62k), El Proposito de Las Edades Corp ($62k) and Heartline Ministry Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $40k (42% of expenses). At year end it held assets of $375k against liabilities of $5,987, net assets of $369k. It reported 1 employees.