Full Gospel World Missions Inc

Analysis

Full Gospel World Missions Inc is a registered charity in United States, based in Lakewood, WA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Full Gospel World Missions Inc reported income of $568k and spending of $462k, spending 81% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $844k to $568k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Full Gospel World Missions Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include International Examiner ($568k), Works in New Directions Inc ($568k) and Sabre Society of North Carolina ($568k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $74k. At year end it held assets of $216k against liabilities of $1,034, net assets of $215k. It reported 2 employees.