Third World Press Foundation Inc

Analysis

Third World Press Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Third World Press Foundation Inc reported income of $264k and spending of $259k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $264k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Third World Press Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Helping Others Grow Foundation Inc ($264k), Greenfield Manor Inc ($264k) and A Cause for Tea ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $66k, net assets of $51k.