World Compassion Terry Law Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/17/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

World Compassion Terry Law Ministries (WCTLM) is a non-denominational, faith-based international organization. It was founded by Dr. Terry Law in 1969 to assist churches in meeting the physical and spiritual needs of people in their communities. Dr. Law feels strongly that the calling of the organization is to areas of the earth where most men fear going due to political, religious and/or economic instability.

Compassion ministry may be different in each environment, but the goal is the same. Reaching people in their most desperate point of need. Whether it is raising an abandoned child or providing ongoing food aid for refugee families, meeting people's immediate needs is an important step in letting people know God loves them.

As relationships are established, often through compassion based ministries, the indigenous churches we partner with have the opportunity to present the gospel. We do this through a variety of ways including spoken messages, one on one conversations, and the distribution of Christian literature.

We equip indigenous churches to make disciples and train leaders by providing our ABC Discipleship and Leadership course as well as our Mission's Training program in Asia. In addition we host leadership conferences throughout the year in target nations in the Middle East and Asia.

We partner closely with local churches to help train, strategize and resource local Christians to plant churches in their country. They begin impacting their community and multiplying disciples by replicating this Biblical model of ministry in their new environment. (Outreach, Evangelism, Discipleship, Church Planting)


Contact information

Mailing address:
World Compassion Terry Law Ministries
P.O. Box 92
Tulsa, OK 74101-0092

Website: www.worldcompassion.tv

Phone: (918) 492-2858

Email: info@worldcompassion.tv


Organization details

EIN: 730934739

CEO/President: Jason Law

Chairman:

Board size: 8

Founder: Terry Law

Ruling year: 1969

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2010


Purpose

World Compassion Terry Law Ministries (WCTLM) is a non-denominational, faith-based international organization. It was founded by Dr. Terry Law in 1969 to assist churches in meeting the physical and spiritual needs of people in their communities. Dr. Law feels strongly that the calling of the organization is to areas of the earth where most men fear going due to political, religious and/or economic instability.

WCTLM adheres to eight core values. These core values are the essential standards that direct World Compassion's ministry deeds. The core values are their reason for existence and each member strives to achieve them in their personal as well as professional lives.

  • We are Christian.
  • We are committed to people in need.
  • We value relationships.
  • We are trustworthy stewards of God's resources.
  • We work in cooperation with other organizations.
  • We are quick to respond to a need.
  • We value a single life coming to faith whether through evangelism or humanitarian efforts.
  • We must share God's concern for justice and reconciliation and for the liberation of men, women and children from every kind of oppression.
  • We adhere to Romans 15:20-21 which says, "It has always been my ambition to preach the gospel where Christ was not known, so that I would not be building on someone else's foundation. Rather, as it is written: 'Those who were not told about him will see, and those who have not heard will understand."

Mission statement

World Compassion Terry Law Ministries uses the following to express its mission:

World Compassion Terry Law Ministries is a global alliance of Christians whose mission is to go with the Gospel of Jesus Christ to nations that are difficult to access, working with the oppressed and disadvantaged to support the physical and spiritual transformation of lives.


Statement of faith

The Bible is the inspired, the only infallible, authoritative Word of God. We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit. We believe in the deity of our Lord Jesus Christ, in His virgin birth, His sinless life, His miracles, His vicarious and atoning death through His shed blood, His bodily resurrection, His ascension to the right hand of the Father, and His personal return in power and glory.

For the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential. We believe in the present ministry of the Holy Spirit. We believe in the resurrection of both the saved and the lost; those who are saved unto the resurrection of life and those who are lost unto the resurrection of damnation. We believe in the spiritual unity of believers in our Lord Jesus Christ. Our Founder, Dr. Terry Law was a signatory to the Lausanne Covenant created by the Lausanne Committee for World Evangelism, and World Compassion subscribes to the covenant.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating535 of 102224 of 51
Fund acquisition rating318 of 102417 of 51
Resource allocation rating307 of 102414 of 51
Asset utilization rating965 of 102246 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%3%2%3%2%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%2%3%2%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%96%97%96%97%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%3%2%3%2%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%4%3%4%3%4%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%89%90%89%91%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%91%89%96%102%94%
Program output ratio Program output ratio =
Program services /
Total revenue
78%81%80%86%93%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%9%11%4%-2%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%11%15%6%-6%18%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%8%8%7%6%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.240.790.820.931.401.51
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.285.716.078.778.285.68
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.784.494.998.1611.568.58
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
27.362.721.731.031.260.41
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.370.580.970.802.43
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.531.691.020.040.21-2.00
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
3%29%35%42%43%43%
Debt ratio Debt ratio =
Debt /
Total assets
0%22%26%31%34%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
76%90%79%63%41%38%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$326,173$305,308$187,730$193,437$322,043
Receivables, inventories, prepaids$36,782$30,701$30,577$30,577$20,446
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$362,955$336,009$218,307$224,014$342,489
Long-term investments$0$0$0$0$0
Fixed assets$623,235$661,732$700,575$687,631$714,967
Other long-term assets$1,085,612$1,041,540$996,746$943,656$889,233
Total long-term assets$1,708,847$1,703,272$1,697,321$1,631,287$1,604,200
Total assets$2,071,802$2,039,281$1,915,628$1,855,301$1,946,689
 
Liabilities20192018201720162015
Payables and accrued expenses$64,834$128,314$149,333$148,567$833,298
Other current liabilities$68,592$65,416$62,387$29,737$0
Total current liabilities$133,426$193,730$211,720$178,304$833,298
Debt$464,860$528,183$588,557$626,740$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$464,860$528,183$588,557$626,740$0
Total liabilities$598,286$721,913$800,277$805,044$833,298
 
Net assets20192018201720162015
Without donor restrictions$1,462,201$1,317,368$1,101,975$1,048,752$1,108,759
With donor restrictions$11,315$0$13,375$1,505$4,632
Net assets$1,473,516$1,317,368$1,115,351$1,050,257$1,113,391
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,716,941$1,815,872$1,781,243$2,441,315$3,011,492
Program service revenue$4,596$5,258$6,954$16,783$41,249
Membership dues$0$0$0$0$0
Investment income$46,857$47,575$50,947$59,417$57,434
Other revenue$19,213$8,724$7,093$10,012$31,045
Total other revenue$70,666$61,557$64,994$86,212$129,728
Total revenue$1,787,607$1,877,429$1,846,237$2,527,527$3,141,220
 
Expenses20192018201720162015
Program services$1,453,490$1,508,276$1,590,839$2,360,928$2,654,728
Management and general$121,300$134,616$142,950$173,932$185,261
Fundraising$56,669$32,520$47,354$55,801$100,246
Total expenses$1,631,459$1,675,412$1,781,143$2,590,661$2,940,235
 
Change in net assets20192018201720162015
Surplus (deficit)$156,148$202,017$65,094($63,134)$200,985
Other changes in net assets$0$0$0$0$0
Total change in net assets$156,148$202,017$65,094($63,134)$200,985

Compensation

NameTitleCompensation
Terry LawChairman$130,213
Jason LawPresident$116,769
Chris HartTrustee$80,923

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/17/2021. To update the information below, please email: info@ministrywatch.com


History

World Compassion was founded by Dr. Terry Law. In 1969, upon graduating from Oral Roberts University, Terry co-founded Living Sound International, a music group that led hundreds of young people to minister in more than 40 countries. This led to his over 50-year journey of ministry to become one of the most influential mission voices to nations hostile to the Gospel.

This journey took him to places like Russia, China, North Korea, Afghanistan, Iran and Iraq. His compassion evangelism model of ministry has shaped World Compassion's mission that stands to this day - transforming lives by meeting both the physical and spiritual needs of people.

Terry authored several books including The Fight of Every Believer, The Truth About Angels, How to Enter The Presence of God, The Power of Praise and Worship, and The Hope Habit. The booklet The Story of Jesus has been translated into more than 52 languages with an estimated 27 million copies distributed worldwide.

Terry Law went home to be with the Lord on August 31, 2020. We celebrate Terry's life and purpose by carrying on his legacy to reach nations that are hostile to the Gospel and taking new ground for the Kingdom of God.


Program accomplishments


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