World Mission University 
The information on this page was last updated 9/24/2026. If you see errors or omissions, please email: [email protected]
Summary
World Mission University was founded on March 27, 1989, based on the evangelical Protestant faith, with the mission of preparing missionaries, pastors, and Christian leaders who embody a balanced integration of spiritual formation and intellectual excellence. Since its establishment, the University has experienced steady growth and institutional development, receiving full accreditation from the Association for Biblical Higher Education (ABHE) and the Association of Theological Schools (ATS). In addition, the University has been granted Eligibility Status by the WASC Senior College and University Commission (WSCUC), one of the most respected accrediting bodies in the United States, and is actively preparing for full accreditation, thereby strengthening its academic quality and institutional capacity.
Contact information
Mailing address:
World Mission University
500 Shatto Place
Los Angeles, CA 90020
Website: wmu.edu
Phone: (213) 388-1000
Email: [email protected]
Organization details
EIN: 954230730
CEO/President: Sungjin Lim
Chairman: Sungjin Lim
Board size: 9
Founder:
Ruling year: 1996
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
World Mission University, as a Christ-centered institution, acknowledges the supremacy of biblical truth and strives for excellence in the service of the church and the world, under the guidance and power of the Holy Spirit, to the glory of God.
Mission statement
World Mission University empowers people through transformational biblical education to serve the church and impact the world for Christ.
Statement of faith
WMU subscribes to the historic creeds of the Church including The Apostle's Creed and stands firmly in the confessional tradition of Protestant Evangelicalism.
We believe the Bible is the inspired Word of God and the only standard for faith, life, and academic discipline (2 Peter 1:21; Isaiah 1:20; 2 Thessalonians 2:15; 2 John 9; 1 Timothy 6:20; 2 Timothy 1:14)
We believe in the Holy Triune God, existing eternally in three persons, the Father, the Son, and the Holy Spirit (Matthew 28:19; John 10:30; 14:9; 1 John 5:7; 2 Peter 1:2; 2 Corinthians 13:14).
We believe in the creation of the universe as presented in Scripture and in the reality of heaven and hell and the literal existence of the devil (Hebrews 1:10; 11:3; Revelation 3:14; Romans 4:17; John 1:3; 1 Corinthians 8:6; 2 Peter 2:4; Jude 6; Acts 5:3; Luke 22:3; Matthew 13:24-30; 1 Corinthians 7:5; 2 Timothy 2:26).
We believe God created humankind in His image and likeness, but by the disobedience of Adam, all humankind was alienated from God and lost (Hosea 9:15; Jeremiah 12:8; Psalms 5:5; 11:5; Romans 1:18; John 3:36).
We believe that Jesus of Nazareth is the Messiah, the Son of God, born of the Virgin Mary, who died on the cross, was physically resurrected from the dead, ascended into heaven, and will one day return in His glory to reign upon the earth (Mark 1:1; Matthew 1:25; Luke 1:26-28; Matthew 27:35; 1 Peter 1:3; Matthew 24:30, 64; Mark 13:26; Luke 21:27; John 14:3; 1 Thessalonians 4:15-16).
We believe in the gospel of salvation through the cross for those that put their faith in Jesus will be saved (John 1:12; 3:16; Ephesians 2:8-9; Acts 10:43).
We believe that the Church is the body of Christ and that the people of God are called to mission, education, and service (Matthew 28:19-20; Luke 4:18-19; Acts 1:8; Ephesians 4:12; 1 Corinthians 9:14, 16).
Donor confidence score
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Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 978 of 1538 | 122 of 158 |
| Fund acquisition rating | | 228 of 1539 | 25 of 158 |
| Resource allocation rating | | 1502 of 1539 | 151 of 158 |
| Asset utilization rating | | 950 of 1539 | 116 of 158 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 13% | 0% | 0% | 0% | 0% | 35% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 13% | 65% | 44% | 11% | 6% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 0% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 85% | 87% | 35% | 56% | 89% | 94% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 54% | 42% | 49% | 46% | 62% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 86% | 53% | 66% | 95% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 47% | 22% | 33% | 43% | 58% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 14% | 47% | 34% | 5% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 4% | 29% | 15% | 2% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 46% | 58% | 51% | 54% | 36% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.51 | 0.23 | 0.29 | 0.25 | 0.24 | 0.28 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.72 | 1.63 | 1.64 | 2.13 | 2.54 | 3.36 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.41 | 0.37 | 0.47 | 0.53 | 0.61 | 0.93 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.20 | 26.11 | 21.52 | 18.60 | 11.65 | 6.04 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.12 | 0.04 | 0.05 | 0.05 | 0.09 | 0.17 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.24 | 31.37 | 24.28 | 21.54 | 18.09 | 10.82 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 20% | 8% | 12% | 18% | 22% | 30% |
Debt ratio Debt ratio = Debt / Total assets | 9% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 153% | 407% | 306% | 331% | 328% | 255% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2020 |
| Cash | $8,485,882 | $8,438,206 | $4,824,101 | $3,470,539 | $2,231,164 |
| Receivables, inventories, prepaids | $153,746 | $197,093 | $134,130 | $213,908 | $255,222 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $8,639,628 | $8,635,299 | $4,958,231 | $3,684,447 | $2,486,386 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $5,428,877 | $5,495,615 | $5,598,995 | $5,662,208 | $5,852,537 |
| Other long-term assets | $3,450 | $3,820 | $4,190 | $4,560 | $21,800 |
| Total long-term assets | $5,432,327 | $5,499,435 | $5,603,185 | $5,666,768 | $5,874,337 |
| Total assets | $14,071,955 | $14,134,734 | $10,561,416 | $9,351,215 | $8,360,723 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2020 |
| Payables and accrued expenses | $44,314 | $47,667 | $39,484 | $51,087 | $18,024 |
| Other current liabilities | $286,528 | $353,672 | $227,158 | $265,306 | $393,378 |
| Total current liabilities | $330,842 | $401,339 | $266,642 | $316,393 | $411,402 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $796,129 | $1,293,703 | $1,634,345 | $1,709,636 | $2,077,473 |
| Total long-term liabilities | $796,129 | $1,293,703 | $1,634,345 | $1,709,636 | $2,077,473 |
| Total liabilities | $1,126,971 | $1,695,042 | $1,900,987 | $2,026,029 | $2,488,875 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2020 |
| Without donor restrictions | $8,951,515 | $7,591,686 | $8,660,429 | $7,325,186 | $5,871,848 |
| With donor restrictions | $3,993,469 | $4,848,006 | $0 | $0 | $0 |
| Net assets | $12,944,984 | $12,439,692 | $8,660,429 | $7,325,186 | $5,871,848 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2020 |
| Total contributions | $474,848 | $5,017,015 | $1,731,431 | $252,454 | $156,902 |
| Program service revenue | $2,434,365 | $2,102,294 | $1,916,770 | $1,791,279 | $1,936,701 |
| Membership dues | $12,650 | $26,450 | $21,850 | $37,550 | $0 |
| Investment income | $370,272 | $176,049 | $29,786 | $565 | $21,086 |
| Other revenue | $391,379 | $396,831 | $249,512 | $276,979 | $335,291 |
| Total other revenue | $3,208,666 | $2,701,624 | $2,217,918 | $2,106,373 | $2,293,078 |
| Total revenue | $3,683,514 | $7,718,639 | $3,949,349 | $2,358,827 | $2,449,980 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2020 |
| Program services | $1,728,377 | $1,704,532 | $1,292,712 | $1,024,502 | $1,426,632 |
| Management and general | $1,449,844 | $2,365,341 | $1,321,395 | $1,209,265 | $820,823 |
| Fundraising | $0 | $0 | $0 | $0 | $54,848 |
| Total expenses | $3,178,221 | $4,069,873 | $2,614,107 | $2,233,767 | $2,302,303 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2020 |
| Surplus (deficit) | $505,293 | $3,648,766 | $1,335,242 | $125,060 | $147,677 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $505,293 | $3,648,766 | $1,335,242 | $125,060 | $147,677 |
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 9/24/2026. To update the information below, please email: [email protected]