World Reach 
The information on this page was last updated 12/31/2022. If you see errors or omissions, please email: [email protected]
Summary
Evangelism: From Vacation Bible Schools to English as a Second Language classes, from hosting soccer games to building community centers, World Reach missionaries use every tool available to spread the Gospel of Jesus Christ to those unreached in their communities around the world.
Discipleship Training: World Reach missionaries train believers where they serve by teaching & instructing them in God's Word to help strengthen their walk with the Lord & to encourage them to share their faith in the community.
World Reach missionaries plant churches in communities where they serve, and also train pastors in the area so that they may plant their own churches, providing communities in need with a place to worship, to hear God's Word, enjoy fellowship with other Christians, find help and counseling, and be sent out to spread the Good News.
Leadership Development: World Reach Mobile Bible Institutes partner with local overseas churches to provide biblical, theological, and practical leadership training to national pastors, aspiring pastors and other church leaders. Our unique model sends the teacher to the students in targeted international fields. Students are most often bi-vocational, which does not allow them to leave home or work to attend a three or four-year seminary.
Physical Relief: World Reach provides physical relief to communities in desperate need around the world. Physical Relief projects include an orphanage in Kenya, a community center and clinic in Honduras, a school and prenatal clinic in Peru, and much more.
Contact information
Mailing address:
World Reach
PO Box 26155
Birmingham, AL 35260
Website: www.world-reach.org
Phone: (205) 979-2400
Email: [email protected]
Organization details
EIN: 630838799
CEO/President: Timothy Prewitt
Chairman: Jim Thompson
Board size: 10
Founder: Timothy Prewitt
Ruling year: 1983
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2012
Purpose
Our purpose is to fulfill the Great Commission of Jesus Christ.
World Reach missionaries are serving the cause of Christ in Albania, Argentina, Colombia, El Salvador, Germany, Honduras, Kenya, Macedonia, Peru, Romania, Ukraine and the U.S.
Mission statement
Our mission is to reach the world with the gospel of Christ through the local church.
Statement of faith
We Believe That...
The Bible, consisting of sixty-six books of the Old and New Testaments, is the inerrant and complete Word of God and the final authority in all matters of faith and practice. (2 Tim. 3:16-17; 2 Pet. 1:20-21; Jude 3)
There is one God, eternally existing in three Persons: Father, Son, and Holy Spirit. (Deut. 6:4; Matt. 28:19; Luke 3:21-22)
The Lord Jesus Christ is the only begotten Son of God, conceived by the Holy Spirit, born of the Virgin Mary, and is true God and true man. (Luke 1:30-35; John 1:18, 3:16; Phil. 2:5-11)
Man was created in the image of God; man sinned and thereby incurred not only physical death, but also spiritual death, which is separation from God; and, as a consequence, all mankind is declared by God to be totally depraved, having inherited a sinful nature and having become sinners in thought, word and deed. (Gen. 1:26-27, 2:16-17, 3:6-19; Rom. 3:10-23, 6:23, 7:18, 11:32; Gal. 3:22)
The Lord Jesus Christ died as a substitutionary and complete sacrifice for the sins of the whole world and only those who believe in Him are saved, and this on the basis of His shed blood. (Rom. 3:24-28; 5:8-10; 1 Tim. 2:5-6; 1 John 2:1-2)
The Lord Jesus Christ arose from the dead in the same body in which He was crucified; He ascended into heaven in His resurrected, glorified body and is now exalted at the right hand of the Father as Head of the Church. (John 20:1-19; Acts 1:9-11; Eph. 1:20-23; Heb. 1:3)
Both the believer and unbeliever will be resurrected bodily in their own order: the saved unto everlasting bliss; the lost unto everlasting and conscious punishment. (1 Cor. 15:1-50; 1 Thess. 4:13-18; Rev. 20:11-15; 21:22)
On the sole condition of personal faith in the Lord Jesus Christ, men are born again by the Holy Spirit; at regeneration, all believers in this age are indwelt by the Holy Spirit in the Body of Christ and irrevocably sealed by the Holy Spirit unto the day of redemption. (Rom. 3:24-28; 8:9-11; 1 Cor. 12:13; Eph. 4:30)
Sanctification, which is separation unto God, is threefold: (1) positionally, the believer was sanctified at his conversion by virtue of his union with Christ; (2) progressively, he is continually being sanctified through the Word as he walks in the Spirit, thereby overcoming the lusts of the flesh and producing the fruit of the Spirit; (3) ultimately, he will be completely conformed to the image of Christ when he sees his Savior face to face. (John 17:17; Eph. 5:26; Col. 3:1-4; Heb. 10:14; 1 John 3:1-3)
The Lord Jesus Christ will return to this earth personally, visibly and bodily to receive unto Himself the Church, which is His Body. (John 14:3; Acts 1:10-11; Eph. 1:22-23; Phil. 3:20-21; 1Thess. 4:13-18; Titus 2:11-14, Heb. 9:28)
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 635 of 1031 | 78 of 135 |
| Fund acquisition rating | | 397 of 1032 | 56 of 135 |
| Resource allocation rating | | 529 of 1032 | 59 of 135 |
| Asset utilization rating | | 830 of 1031 | 106 of 135 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 4% | 4% | 4% | 4% | 4% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 4% | 4% | 4% | 3% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 100% | 100% | 98% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 4% | 4% | 4% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 0% | 0% | 2% | 1% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 85% | 86% | 86% | 85% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 86% | 100% | 104% | 91% | 85% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 73% | 86% | 89% | 78% | 72% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 14% | 0% | -4% | 9% | 15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 14% | 14% | 0% | -4% | 10% | 19% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 11% | 10% | 10% | 11% | 12% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.18 | 0.90 | 1.29 | 1.26 | 1.01 | 1.07 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.27 | 2.17 | 3.04 | 3.30 | 3.09 | 3.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.76 | 1.95 | 3.92 | 4.17 | 3.11 | 3.37 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 20.65 | 1491.12 | 204.11 | 169.94 | 278.08 | 189.23 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.03 | 6.16 | 3.05 | 2.86 | 3.84 | 3.54 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 0% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 111% | 77% | 79% | 99% | 94% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $672,494 | $412,703 | $378,973 | $422,675 | $371,652 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $672,494 | $412,703 | $378,973 | $422,675 | $371,652 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $786,381 | $840,564 | $870,297 | $881,797 | $801,718 |
| Other long-term assets | $384 | $384 | $552 | $541 | $552 |
| Total long-term assets | $786,765 | $840,948 | $870,849 | $882,338 | $802,270 |
| Total assets | $1,459,259 | $1,253,651 | $1,249,822 | $1,305,013 | $1,173,922 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $451 | $2,022 | $2,230 | $1,520 | $1,964 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $451 | $2,022 | $2,230 | $1,520 | $1,964 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $451 | $2,022 | $2,230 | $1,520 | $1,964 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $1,251,319 | $1,144,756 | $1,168,809 | $1,253,517 | $1,114,189 |
| With donor restrictions | $207,489 | $106,873 | $78,783 | $49,976 | $57,769 |
| Net assets | $1,458,808 | $1,251,629 | $1,247,592 | $1,303,493 | $1,171,958 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $1,510,971 | $1,616,558 | $1,519,422 | $1,422,407 | $1,452,686 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $4,999 | $4,594 | $3,139 | $1,034 | $742 |
| Other revenue | $0 | $0 | $0 | $23,890 | $20,579 |
| Total other revenue | $4,999 | $4,594 | $3,139 | $24,924 | $21,321 |
| Total revenue | $1,515,970 | $1,621,152 | $1,522,561 | $1,447,331 | $1,474,007 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $1,112,813 | $1,397,729 | $1,361,762 | $1,124,870 | $1,057,259 |
| Management and general | $139,315 | $161,863 | $155,882 | $140,815 | $145,853 |
| Fundraising | $56,663 | $57,523 | $60,818 | $50,111 | $48,692 |
| Total expenses | $1,308,791 | $1,617,115 | $1,578,462 | $1,315,796 | $1,251,804 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $207,179 | $4,037 | ($55,901) | $131,535 | $222,203 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $207,179 | $4,037 | ($55,901) | $131,535 | $222,203 |
Compensation
| Name | Title | Compensation |
| Prewitt Timothy Q | General Director | $68,664 |
Compensation data as of: 12/31/2020
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 12/31/2022. To update the information below, please email: [email protected]
History
In 1982, World Reach began reaching the world for Christ with its first foreign mission field in Honduras, Central America. World Reach expanded to the following fields in subsequent years: Kenya (1983); Germany (1988); Ukraine (1991); El Salvador (1996); Peru and Romania (1998); Albania (1999); Nicaragua (2001); Colombia (2005); Macedonia (2007); Argentina (2009); and the U.S. (2011).