The Promise World Mission Corporation
Nonprofit profile at a glance
- EIN
- 263047394
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Bayside, NY, USA
- Phone
- 5164767755
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $38,021
- Expenses
- $49,823
- Assets
- $6,911
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- JUNG WOO SHIN (PRESIDENT)
People named in this filing
- JUNG WOO SHIN (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation is to engage in the non-business and non- pecuniary purpose of organizing and promoting christianity all over the world: to fulfill our evangelical mission of spreading the word of christ to those without: to establish fellowships for missionaries and reverends interested in furthering our evangelical purposes: to dispatch missionaries for various international mission work to countries without the benefit of christian mission centers: to distribute food, clothing and other necessities to those who are in need: to build operate and mainteain schools in third world countries for those in small rural towns where public education is lacking: to build and operate and maintain homeless shelters in third world countries for those affected by natural disasters such as earthquakes and/or hurricanes: to engage in other charitable activies and services to benefit the community: and to do any other charitable activies and servics to benefit the community: and to do
What it reported doing in 2025
Christian groups support to spread the gospel in urban areas
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.5%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -31%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $49K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.