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Nonprofit · EIN 73-0934739

TERRY LAW MINISTRIES INC

Also known as WORLD COMPASSION INC

Tax-exempt · TULSA, OK 74133

Financials

$2.6M$2.2M2023$2.1M$2M2024
Revenue Expenses · by fiscal year end
Financials of TERRY LAW MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,143,304$1,960,414$182,890$2,444,290$241,859$2,202,431
December 31, 2023990$2,563,156$2,185,486$377,670$2,335,416$315,519$2,019,897
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,015,430
Program service revenue
$779
Investment income
$64,702
Net gain from sales of assets
-$324
Net income from sales of inventory
$2,466
Other revenue
$62,393

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$264,898
Other salaries and wages
$170,893
Salaries, compensation and benefits (total)
$530,979
Professional fundraising fees
$0
Accounting fees
$38,580
Occupancy
$28,617
Travel
$93,965
Depreciation
$38,007
Program services (functional)
$1,751,576
Management and general (functional)
$131,023
Fundraising (functional)
$77,815

Balance sheet and other

Total assets, start of year
$2,335,416
Total assets, end of year
$2,444,290
Total liabilities, end of year
$241,859
Net assets, end of year
$2,202,431
Land, buildings and equipment
$463,769
Publicly traded securities
$9,873
Net assets without donor restrictions
$1,544,290
Net assets with donor restrictions
$658,141
Gross receipts
$2,162,252
Employees
6
Year formed
1971
State of legal domicile
OK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JASON LAWPRESIDENT
Trustee or director, Officer
40$68,385$64,115
BETH LAWSECRETARY/TR
Officer
40$55,250$0
JOEL VESANENTRUSTEE
Trustee or director
1$0$41,148
CHRIS HARTTRUSTEE
Trustee or director
2$6,000$30,000
JEFFERY GEUDERVICE PRESIDE
Trustee or director, Officer
1$0$0
MARK BORROWSTRUSTEE
Trustee or director
1$0$0
MATTHEW SWAGGARTTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
JASON LAWPRESIDENT
Trustee or director, Officer
40$113,060$60,400
JOEL VESANENTRUSTEE
Trustee or director
2$0$41,148
CHRIS HARTTRUSTEE
Trustee or director
5$6,000$30,000
JEFFERY GEUDERVICE PRESIDE
Trustee or director, Officer
2$0$0
MATTHEW SWAGGARTTRUSTEE
Trustee or director
2$0$0
MARK BORROWSTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
8221 E 63RD PL, TULSA, OK 74133-2361
Principal officer (990 for 2024)
JASON LAW, PO BOX 92, TULSA, OK 74101
Signed the 990
JASON LAW, PRESIDENT
Phone
(918) 492-2858
Return prepared by
HOOD PROFESSIONAL SERVICES LLC

Mission

TO TAKE THE MESSAGE OF JESUS CHRIST TO NATIONS THAT ARE HOSTILE TO THE GOSPEL, EMPOWERING LOCAL BODIES OF BELIEVERS TO SUPPORT THE SPIRITUAL AND PHYSICAL TRANSFORMATION OF LIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • CHINA: THE CHARITY CONTINUED ITS TRAINING AND DISCIPLESHIP PROGRAMS IN CHINA THROUGHOUT 2024. THERE WERE 2,053 NEW STUDENTS ENROLLED AND A TOTAL OF 4,546 STUDENTS STUDYING IN THE ABC DISCIPLESHIP AND LEADERSHIP TRAINING PROGRAM. WE HAD 1,500 STUDENTS GRADUATE FROM THE ABC PROGRAM AND HAVE OVER 1,200 WAITING TO ENROLL. WE HAVE A TOTAL OF 397 STUDENTS IN THE CMS MISSION SCHOOL PROGRAM AND GRADUATED 72 CMS STUDENTS. THE ABC AND DMS PROGRAMS CONTINUE TO BE A MAJOR OUTREACH OF WORLD COMPASSION IN SPREADING THE GOSPEL IN CHINA ALONG WITH SIGNIFICANT TRAINING OF BELIEVERS THROUGHOUT THE NATION. IN 2025, WE HOPE TO ADD 7,000 NEW STUDENTS TO THESE PROGRAMS. CUBA: IN 2024, THE CHARITY CONTINUED TO SUPPORT CHURCH PLANTING EFFORTS IN THE COUNTRY OF CUBA BY SUPPORTING TWO CHURCHES THAT STARTED TO BUILD, REMODEL AND EXPAND THEIR BUILDINGS. IN ORDER FOR PASTORS TO REACH THOSE IN NEED AND SERVE THEIR COMMUNITY AT CHRISTMAS, WE PROVIDED FOOD AND SUPPLIES FOR THEM TO DISTRIBUTE. WE PLAN TO CONTINUE TO PARTNER WITH THE PASTORS IN CUBA TO HELP THEIR CHURCH PLANTING EFFORTS AND CHURCH BUILDING PROJECTS IN 2025. IRAN: THE CHARITY CONTINUED PLACING BIBLES IN IRAN IN 2024. WORLD COMPASSION SUCCESSFULLY DELIVERED OVER 8,000 BIBLES INTO IRAN IN 2024. WE PLAN TO CONTINUE MOVING BIBLES INTO THE COUNTRY, CREATING ONE ON ONE CONNECTION POINTS BETWEEN CHRISTIANS, NEW BELIEVERS, AND EVEN MUSLIMS THAT ARE SEEKING THE TRUTH IN GOD'S WORD. TO FURTHER SUPPORT THE LEADERS AND PASTORS OF IRAN, WE HOSTED A WEEKLY VIRTUAL TEACHING TO IRANIAN PASTORS AND LEADERS. IN 2025, WORLD COMPASSION HAS A GOAL OF DISTRIBUTING 500 DISCIPLESHIP KITS AND 40,000 BIBLES. IRAQ: IN 2024, WORLD COMPASSION CONTINUED THE SKILLS TRAINING PROGRAM FOR REFUGEE WOMEN. WE HAD 471 NEW STUDENTS JOIN THE PROGRAM AND 317 WOMEN GRADUATED FROM THE PROGRAM. THE SKILLS THEY LEARNED WILL HELP DEVELOP A NEW LIVELIHOOD FOR THEM AND THEIR FAMILIES. WHILE ATTENDING THE SKILLS TRAINING PROGRAM, CHILDCARE IS PROVIDED, AND THE GOSPEL IS SHARED. THE CHARITY SERVED 5,594 FAMILIES THROUGH THE MOBILE MEDICAL TRUCK, WHERE THEY WERE SEEN BY DOCTORS AND PROVIDED BASIS MEDICAL CARE. AT EACH VISIT THERE IS AN OPPORTUNITY FOR PRAYER AND THE GOSPEL TO BE SHARED. WORLD COMPASSION FUNDED TWO SMALL BUSINESS START-UPS FOR CHRISTIAN FAMILIES. THE CHARITY ALSO DISTRIBUTED 500 RELIEF PACKS OF FOOD, SUPPLIES AND BIBLES DURING CHRISTMAS, AS AN OUTREACH TO FAMILIES. IN 2025, WE HOPE TO EXPAND THE MEDICAL OUTREACH TO MORE VILLAGES, PLAN TWO ADDIONAL SKILLS TRAINING PROGRAMS AND HELP SIX SMALL BUSINESSES LAUNCH. MYANMAR: DURING 2024, WORLD COMPASSION CONTINUED TO TRAIN AND DISCIPLE STUDENTS AND LEADERS THROUGH LOCAL CHURCHES AND PASTORS USING THE ABC CURRICULUM. THERE WERE A TOTAL OF 2,683 STUDENTS ACTIVLY STUDYING ABC, 974 OF THOSE BEING NEW STUDENTS IN 2024 AND 60 STUDENTS GRADUATED FROM THE PROGRAM. THE MINISTRY TRAINING CENTRE (MTC) FOR MISSION STUDENTS SERVED 29 STUDENTS FOR A NINE-MONTH TRAINING SESSION, AND 40 STUDENTS ENROLLED FOR THE NEXT NINE MONTHS OF TRAINING. A TOTAL OF SEVEN STUDENTS GRADUATED FROM MTC IN 2024. THE CHARITY PROVIDED OVER 500 RELIEF PACKS OF FOOD, SUPPLIES AND BIBLES TO FAMILIES THROUGH LOCAL CHRUCHES AT CHRISTMAS, PROVIDING THE OPPORTUNITY TO PRAY AND SHARE THE GOSPEL. IN 2025, WE HAD TO ADD 2,000 NEW ABC STUDENTS, SUPPLY LOCAL CHURCHES WITH OUTREACH SUPPLIES TO REACH THOSE IN NEED IN THEIR COMMUNITY AND HELP BUILD A NEW SCHOOL TO PROVIDE A CHRISTIAN EDUCATION TO YOUNG CHILDREN. UNITE MY CITY: IN 2024, THE CHARITY ORGANIZED PASTOR CONNECT LUNCHES, MEETINGS AND ACTIVITIES TO STRENGTHEN AND UNIFY THE PASTORS AND CHURCH IN TULSA. OTHER MINISTRY ACTIVITIES: DURING 2024, JASON LAW SPOKE AT A FEW CHURCHES AND HOSTED SEVERAL PASTORS ON RETREATS TO STRENGTHEN AND DEVELOP CHURCH PARTNERSHIPS WITH WORLD COMPASSION. JASON LAW TRAVELED TO THE UNITE KINGDOM TO HOST PARTNER DINNERS TO GIVE UPDATES AND CONNECT WITH DONORS. THE MINISTRY SENT MONTHLY COMMUNICATIONS TO THOUSANDS OF PARTNERS IN CONTINUING MISSION FULFILLMENT OF WORLD COMPASSION.
    Expenses $1,751,576 · revenue $779
  • DONATIONS TO OTHER EXEMPT ORGANIZATIONS TO HELP FURTHER THEIR EXEMPT PURPOSE.
  • AMORTIZATION OF LOAN FEES AND UNPUBLISHED BOOKS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-0934739
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,444,290
Income (IRS master file)
$2,162,252

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,143,304$1,960,414$2,444,290XML
990December 2023$2,563,156$2,185,486$2,335,416XML
990December 2022$2,211,266$3,053,092$1,993,864IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-0934739).

Questions about TERRY LAW MINISTRIES INC

What is the EIN of TERRY LAW MINISTRIES INC?
The employer identification number (EIN) of TERRY LAW MINISTRIES INC is 73-0934739.
Is TERRY LAW MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to TERRY LAW MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TERRY LAW MINISTRIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TERRY LAW MINISTRIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TERRY LAW MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TERRY LAW MINISTRIES INC?
The 990 for the year ended December 31, 2024 names JASON LAW.
Who are the officers and directors of TERRY LAW MINISTRIES INC?
The 990 for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $68,385 (JASON LAW, PRESIDENT).
How much revenue does TERRY LAW MINISTRIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,143,304, expenses of $1,960,414 and total assets of $2,444,290 at year end.

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