Foundation for World Evangelism

Analysis

Foundation for World Evangelism is a registered charity in United States, based in Liechtenstein. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending December 2023, Foundation for World Evangelism reported income of $452.3m and spending of $449.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $452.3m (+1000671%), an average of +900% a year. The sharpest change came in the year to December 2023, when income rose by 44754%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for World Evangelism sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Commonspirit Health Operating Investment Pool LLC ($367.7m), Christian Healthcare Ministries Inc ($784.0m) and CL Healthcare Inc ($329.0m).

At year end it held assets of $75.0m against liabilities of $13k, net assets of $74.9m.