Joyce Meyer Ministries / Life in the Word 
The information on this page was last updated 12/28/2023. If you see errors or omissions, please email: [email protected]
Summary
Joyce Meyer Ministries is a Christian non-profit organization based in Fenton, Missouri. We employ more than 500 people in 10 offices around the world, including approximately 400 in our world headquarters. We are financially supported by contributions from friends and partners of the ministry.
Through the teachings and calling God has given to Joyce as well as through the support of our friends and partners, Joyce Meyer Ministries has been able to share God's love and the life-changing message of the Bible with the world through TV, radio, the web, various media productions, live conferences and missions outreaches around the world.
Contact information
Mailing address:
Joyce Meyer Ministries
PO Box 655
Fenton, MO 63026
Website: www.joycemeyer.org
Phone: (866) 480-1528
Email: joycemeyer.org/contact
Organization details
EIN: 431382734
CEO/President: Joyce Meyer
Chairman: Joyce Meyer
Board size: 11
Founder: Joyce Meyer
Ruling year: 1986
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2009
Purpose
Through the teachings and calling God has given to Joyce, Joyce Meyer Ministries is dedicated to sharing God's love and the life-changing message of the Bible with the world through TV, radio, various media productions, live conferences and our website.
Mission statement
Joyce Meyer Ministries is called to share the Gospel and extend the love of Christ. Through media we teach people how to apply biblical truth to every aspect of their lives and encourage God's people to serve the world around them.
Statement of faith
Statement of Faith
The Bible is the infallible Word of God, inspired by the Holy Spirit, and contains every answer to man's problems.
2 Timothy 3:16,17; 2 Peter 1:20, 21
There is one God, existing eternally in three persons: God the Father, God the Son and God the Holy Spirit.
John 10:30; John 14:26; Philippians 2:5-7
God is Love and He loves all people. It is His desire to reach out to those who are poor, oppressed, widowed or orphaned, and to heal the brokenhearted.
Psalm 68:5,6; 1 John 4:16
Man is created in the image of God but separated from God by sin. Without Jesus we cannot have a relationship with God.
Genesis 1:26; 1 Timothy 2:5
We can have a personal relationship with God through salvation, God's free gift to man. It is not a result of what we do, but it is only available through God's unearned favor. By admitting we have sinned and believing in the death, burial and resurrection of Christ, and accepting Him as Lord, we can spend eternity with God.
Ephesians 2:8,9; Romans 5:1; Romans 3:24
We believe in water baptism, as taught and demonstrated by Jesus, as the way for believers to identify with the death, burial and resurrection of Jesus.
Matthew 28:19; Romans 6:4; Matthew 3:13-17
The Baptism of the Holy Spirit is a gift from God. He helps empower the believer to develop the character of Christ and live every day in God's will.
Matthew 3:11; Acts 2:4
God gives all believers spiritual gifts. They are for the strengthening of God's people (the Church) and proof of God's existence and power to unbelievers. The gifts of the Spirit are active and relevant today.
1 Corinthians 12:4-11; 1 Peter 4:10
Sanctification is the ongoing process of allowing God's character to be developed in us.
Romans 6:19; Galatians 5:22-25
Divine healing is active in the lives of people today through Jesus, who is the Healer. Healing includes physical, mental, emotional and spiritual restoration.
Luke 9:11; Matthew 9:35; Acts 10:38; Matthew 10:1
The Bible describes hell as a real place. It is a place of suffering and a place of permanent separation from God for those who die without accepting Christ. God's desire is that no one be separated from Him for eternity, which is why He sent His Son, Jesus Christ, to earth.
Hebrews 9:27; Revelation 20:12-15; John 3:16-18
God instituted marriage between a genetic male and genetic female as the foundation of the family, the basic structure of human society. God commands that no intimate sexual activity be engaged other than in the context of marriage between a man and a woman.
Genesis 2:24; Mark 10:6-9; Romans 1:26-29; I Corinthians 6:9; I Thessalonians 4:1-8; Hebrews 13:4
Jesus will return and take all those who have accepted Him as Savior to be with Him for eternity.
Acts 1:11; 1 Thessalonians 4:13-17; Hebrews 9:28
Donor confidence score
This organization does not file a Form 990.
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Educational Media
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 62 of 1118 | 3 of 46 |
| Fund acquisition rating | | 194 of 1119 | 10 of 46 |
| Resource allocation rating | | 266 of 1119 | 14 of 46 |
| Asset utilization rating | | 148 of 1118 | 4 of 46 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 3% | 4% | 4% | 4% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 3% | 4% | 4% | 4% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 95% | 93% | 94% | 93% | 93% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 3% | 4% | 4% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 5% | 7% | 6% | 7% | 7% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 86% | 85% | 85% | 84% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 88% | 98% | 102% | 98% | 103% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 75% | 83% | 87% | 83% | 87% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 12% | 2% | -2% | 2% | -3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 23% | 5% | -4% | 4% | -6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 11% | 11% | 11% | 11% | 11% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.76 | 1.54 | 1.98 | 2.15 | 2.09 | 2.25 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.44 | 2.28 | 2.12 | 2.07 | 2.07 | 2.11 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.41 | 3.51 | 4.19 | 4.45 | 4.32 | 4.75 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.11 | 7.25 | 6.72 | 5.19 | 5.69 | 5.09 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.14 | 0.15 | 0.19 | 0.18 | 0.20 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.08 | 2.95 | 2.44 | 2.18 | 2.29 | 2.03 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 6% | 7% | 9% | 9% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 103% | 61% | 47% | 42% | 44% | 40% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $12,529,428 | $12,205,833 | $11,963,939 | $13,580,391 | $12,441,179 |
| Receivables, inventories, prepaids | $5,870,759 | $5,845,061 | $5,459,650 | $6,640,213 | $6,520,239 |
| Short-term investments | $9,828,810 | $5,697,911 | $6,258,850 | $4,200,000 | $4,203,417 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $28,228,997 | $23,748,805 | $23,682,439 | $24,420,604 | $23,164,835 |
| Long-term investments | $12,175,823 | $1,525,794 | $4,200,000 | $4,348,123 | $2,750,000 |
| Fixed assets | $20,074,162 | $20,743,936 | $21,021,978 | $21,696,830 | $23,036,358 |
| Other long-term assets | $3,950,000 | $4,262,775 | $109,553 | $0 | $0 |
| Total long-term assets | $36,199,985 | $26,532,505 | $25,331,531 | $26,044,953 | $25,786,358 |
| Total assets | $64,428,982 | $50,281,310 | $49,013,970 | $50,465,557 | $48,951,193 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $3,790,909 | $3,008,319 | $3,979,152 | $3,649,539 | $4,059,858 |
| Other current liabilities | $103,747 | $525,430 | $583,882 | $645,667 | $486,849 |
| Total current liabilities | $3,894,656 | $3,533,749 | $4,563,034 | $4,295,206 | $4,546,707 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $11,225 | $24,696 |
| Total long-term liabilities | $0 | $0 | $0 | $11,225 | $24,696 |
| Total liabilities | $3,894,656 | $3,533,749 | $4,563,034 | $4,306,431 | $4,571,403 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $60,531,978 | $46,572,386 | $44,277,383 | $46,159,126 | $44,379,790 |
| With donor restrictions | $2,348 | $175,175 | $173,553 | $0 | $0 |
| Net assets | $60,534,326 | $46,747,561 | $44,450,936 | $46,159,126 | $44,379,790 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $107,496,870 | $94,443,111 | $97,247,442 | $99,713,818 | $99,759,128 |
| Program service revenue | $3,375,153 | $6,033,752 | $5,832,143 | $6,850,095 | $6,747,212 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $308,733 | $228,080 | $147,760 | $93,619 | $48,410 |
| Other revenue | $1,585,619 | $1,013,379 | $296,042 | $618,924 | $763,570 |
| Total other revenue | $5,269,505 | $7,275,211 | $6,275,945 | $7,562,638 | $7,559,192 |
| Total revenue | $112,766,375 | $101,718,322 | $103,523,387 | $107,276,456 | $107,318,320 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $84,960,398 | $84,586,345 | $89,920,420 | $88,964,256 | $92,885,852 |
| Management and general | $10,826,273 | $11,042,278 | $11,233,728 | $12,048,651 | $12,520,441 |
| Fundraising | $3,192,939 | $3,793,074 | $4,250,982 | $4,484,213 | $4,629,631 |
| Total expenses | $98,979,610 | $99,421,697 | $105,405,130 | $105,497,120 | $110,035,924 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $13,786,765 | $2,296,625 | ($1,881,743) | $1,779,336 | ($2,717,604) |
| Other changes in net assets | $0 | $0 | $173,553 | $0 | $0 |
| Total change in net assets | $13,786,765 | $2,296,625 | ($1,708,190) | $1,779,336 | ($2,717,604) |
Compensation
Compensation data for this ministry has not been collected.
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 12/28/2023. To update the information below, please email: [email protected]
History
Joyce Meyer has been teaching since 1976 and in full-time ministry since 1980. Previously an associate pastor at Life Christian Church in St. Louis, Missouri, she developed, coordinated, and taught a weekly meeting known as "Life In The Word." After more than five years, the Lord brought it to a conclusion, directing her to establish her own ministry and call it Life In The Word, Inc.