Joyce Meyer Ministries / Life in the Word

The information on this page was last updated 12/28/2023. If you see errors or omissions, please email: [email protected]


Summary

Joyce Meyer Ministries is a Christian non-profit organization based in Fenton, Missouri. We employ more than 500 people in 10 offices around the world, including approximately 400 in our world headquarters. We are financially supported by contributions from friends and partners of the ministry.

Through the teachings and calling God has given to Joyce as well as through the support of our friends and partners, Joyce Meyer Ministries has been able to share God's love and the life-changing message of the Bible with the world through TV, radio, the web, various media productions, live conferences and missions outreaches around the world.


Contact information

Mailing address:
Joyce Meyer Ministries
PO Box 655
Fenton, MO 63026

Website: www.joycemeyer.org

Phone: (866) 480-1528

Email: joycemeyer.org/contact


Organization details

EIN: 431382734

CEO/President: Joyce Meyer

Chairman: Joyce Meyer

Board size: 11

Founder: Joyce Meyer

Ruling year: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

Through the teachings and calling God has given to Joyce, Joyce Meyer Ministries is dedicated to sharing God's love and the life-changing message of the Bible with the world through TV, radio, various media productions, live conferences and our website.


Mission statement

Joyce Meyer Ministries is called to share the Gospel and extend the love of Christ. Through media we teach people how to apply biblical truth to every aspect of their lives and encourage God's people to serve the world around them.


Statement of faith

Statement of Faith
The Bible is the infallible Word of God, inspired by the Holy Spirit, and contains every answer to man's problems.
2 Timothy 3:16,17; 2 Peter 1:20, 21

There is one God, existing eternally in three persons: God the Father, God the Son and God the Holy Spirit.
John 10:30; John 14:26; Philippians 2:5-7

God is Love and He loves all people. It is His desire to reach out to those who are poor, oppressed, widowed or orphaned, and to heal the brokenhearted.
Psalm 68:5,6; 1 John 4:16

Man is created in the image of God but separated from God by sin. Without Jesus we cannot have a relationship with God.
Genesis 1:26; 1 Timothy 2:5

We can have a personal relationship with God through salvation, God's free gift to man. It is not a result of what we do, but it is only available through God's unearned favor. By admitting we have sinned and believing in the death, burial and resurrection of Christ, and accepting Him as Lord, we can spend eternity with God.
Ephesians 2:8,9; Romans 5:1; Romans 3:24

We believe in water baptism, as taught and demonstrated by Jesus, as the way for believers to identify with the death, burial and resurrection of Jesus.
Matthew 28:19; Romans 6:4; Matthew 3:13-17

The Baptism of the Holy Spirit is a gift from God. He helps empower the believer to develop the character of Christ and live every day in God's will.
Matthew 3:11; Acts 2:4

God gives all believers spiritual gifts. They are for the strengthening of God's people (the Church) and proof of God's existence and power to unbelievers. The gifts of the Spirit are active and relevant today.
1 Corinthians 12:4-11; 1 Peter 4:10

Sanctification is the ongoing process of allowing God's character to be developed in us.
Romans 6:19; Galatians 5:22-25

Divine healing is active in the lives of people today through Jesus, who is the Healer. Healing includes physical, mental, emotional and spiritual restoration.
Luke 9:11; Matthew 9:35; Acts 10:38; Matthew 10:1

The Bible describes hell as a real place. It is a place of suffering and a place of permanent separation from God for those who die without accepting Christ. God's desire is that no one be separated from Him for eternity, which is why He sent His Son, Jesus Christ, to earth.
Hebrews 9:27; Revelation 20:12-15; John 3:16-18

God instituted marriage between a genetic male and genetic female as the foundation of the family, the basic structure of human society. God commands that no intimate sexual activity be engaged other than in the context of marriage between a man and a woman.
Genesis 2:24; Mark 10:6-9; Romans 1:26-29; I Corinthians 6:9; I Thessalonians 4:1-8; Hebrews 13:4 Jesus will return and take all those who have accepted Him as Savior to be with Him for eternity.
Acts 1:11; 1 Thessalonians 4:13-17; Hebrews 9:28

Donor confidence score

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating55 of 11015 of 47
Fund acquisition rating185 of 110212 of 47
Resource allocation rating260 of 110215 of 47
Asset utilization rating144 of 11013 of 47

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%3%4%4%4%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%3%4%4%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%95%93%94%93%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%4%4%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%5%7%6%7%7%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%85%85%84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%88%98%102%98%103%
Program output ratio Program output ratio =
Program services /
Total revenue
74%75%83%87%83%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%12%2%-2%2%-3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%23%5%-4%4%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%11%11%11%11%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.731.541.982.152.092.25
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.482.282.122.072.072.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.403.514.194.454.324.75
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.477.256.725.195.695.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.140.150.190.180.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.492.952.442.182.292.03
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%6%7%9%9%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
120%61%47%42%44%40%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$12,529,428$12,205,833$11,963,939$13,580,391$12,441,179
Receivables, inventories, prepaids$5,870,759$5,845,061$5,459,650$6,640,213$6,520,239
Short-term investments$9,828,810$5,697,911$6,258,850$4,200,000$4,203,417
Other current assets$0$0$0$0$0
Total current assets$28,228,997$23,748,805$23,682,439$24,420,604$23,164,835
Long-term investments$12,175,823$1,525,794$4,200,000$4,348,123$2,750,000
Fixed assets$20,074,162$20,743,936$21,021,978$21,696,830$23,036,358
Other long-term assets$3,950,000$4,262,775$109,553$0$0
Total long-term assets$36,199,985$26,532,505$25,331,531$26,044,953$25,786,358
Total assets$64,428,982$50,281,310$49,013,970$50,465,557$48,951,193
 
Liabilities20202019201820172016
Payables and accrued expenses$3,790,909$3,008,319$3,979,152$3,649,539$4,059,858
Other current liabilities$103,747$525,430$583,882$645,667$486,849
Total current liabilities$3,894,656$3,533,749$4,563,034$4,295,206$4,546,707
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$11,225$24,696
Total long-term liabilities$0$0$0$11,225$24,696
Total liabilities$3,894,656$3,533,749$4,563,034$4,306,431$4,571,403
 
Net assets20202019201820172016
Without donor restrictions$60,531,978$46,572,386$44,277,383$46,159,126$44,379,790
With donor restrictions$2,348$175,175$173,553$0$0
Net assets$60,534,326$46,747,561$44,450,936$46,159,126$44,379,790
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$107,496,870$94,443,111$97,247,442$99,713,818$99,759,128
Program service revenue$3,375,153$6,033,752$5,832,143$6,850,095$6,747,212
Membership dues$0$0$0$0$0
Investment income$308,733$228,080$147,760$93,619$48,410
Other revenue$1,585,619$1,013,379$296,042$618,924$763,570
Total other revenue$5,269,505$7,275,211$6,275,945$7,562,638$7,559,192
Total revenue$112,766,375$101,718,322$103,523,387$107,276,456$107,318,320
 
Expenses20202019201820172016
Program services$84,960,398$84,586,345$89,920,420$88,964,256$92,885,852
Management and general$10,826,273$11,042,278$11,233,728$12,048,651$12,520,441
Fundraising$3,192,939$3,793,074$4,250,982$4,484,213$4,629,631
Total expenses$98,979,610$99,421,697$105,405,130$105,497,120$110,035,924
 
Change in net assets20202019201820172016
Surplus (deficit)$13,786,765$2,296,625($1,881,743)$1,779,336($2,717,604)
Other changes in net assets$0$0$173,553$0$0
Total change in net assets$13,786,765$2,296,625($1,708,190)$1,779,336($2,717,604)

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 12/28/2023. To update the information below, please email: [email protected]


History

Joyce Meyer has been teaching since 1976 and in full-time ministry since 1980. Previously an associate pastor at Life Christian Church in St. Louis, Missouri, she developed, coordinated, and taught a weekly meeting known as "Life In The Word." After more than five years, the Lord brought it to a conclusion, directing her to establish her own ministry and call it Life In The Word, Inc.


Program accomplishments


Needs