World Mission University

Analysis

World Mission University is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, World Mission University reported income of $7.7m and spending of $4.1m, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $2.4m to $7.7m (+215%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 95%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, World Mission University sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Build Wealth MN Inc ($7.7m), Wasc Senior College and University Commission ($7.7m) and Meridian School ($7.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 27% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $14.1m against liabilities of $1.7m, net assets of $12.4m. It reported 70 employees.