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World Olivet Assembly Inc

EIN 46-1616553 · Dover Plains, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceWeak43 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

World Olivet Assemblys mission is to proclaim Gods Word, to help others come to faith in Jesus Christ, and to seek fulfillment of the Great Commission that the Lord has entrusted to all believers.

Income
$14.0 million
Spending
$12.3 million
Spent on programs
67%
Reserves
-34.7 months of spending
Largest source of income
donations and private grants, 92%
Employees
26
Highest pay
$53,942, chairman

Source: Form 990 for the year ending January 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 8% of charities in its peer group (religion, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 47% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    5 of 15

    Income fell 12% on the year before.

  • Spending floor

    15 of 15

    67% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending January 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 43 out of 100. Higher than 4% of charities in its peer group (religion, $10m to $100m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    0 of 5

    Reports that it does not keep minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending January 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $5.5 million spent. Global Church Planting and Mission Support During the fiscal year, World Olivet Assembly expanded its support of churches, mission centers, and ministry organizations throughout Asia, Europe, Africa, the Caribbean, and South America. Financial assistance was provided to establish and strengthen local congregations, support evangelistic outreach, develop ministry leadership, and advance Christian mission activities in underserved regions.. Significant support was directed toward church development initiatives in Colombia, Zambia, France, Japan, and other international locations, contributing to the growth and sustainability of Christian communities worldwide.
  2. $1.7 million spent. International Ministry Partnerships and Community Development World Olivet Assembly provided grants and program support to affiliated organizations engaged in community outreach, humanitarian service, family ministries, youth programs, and Christian education. Through strategic partnerships with churches and ministry centers across multiple continents, the organization helped facilitate programs that addressed spiritual, educational, and social needs within local communities. These efforts strengthened organizational capacity among partner ministries and promoted long-term community development consistent with the organizations religious and charitable mission.
  3. $1.1 million spent. Leadership Development, Education, and Training Initiatives The organization continued to invest in leadership training, educational programs, and ministry development initiatives designed to equip current and future Christian leaders. Support was provided for theological education, vocational training, ministry conferences, and specialized educational programs through partner institutions and ministry organizations. These initiatives fostered spiritual growth, leadership excellence, and organizational effectiveness while helping expand the reach and impact of Christian ministry activities around the world.

Source: Form 990 for the year ending January 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2015 for not filing returns for three years, and reinstated on May 15, 2015.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending January 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.