World Learning Inc
Analysis
World Learning Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in June 1957, 69 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, World Learning Inc reported income of $108.7m and spending of $112.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $117.0m to $108.7m (-7.1%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 102% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Learning Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include United Palestinian Appeal Inc ($108.2m), Central Fund of Israel ($109.2m) and Council on Foreign Relations Inc ($106.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.4m (1.3% of expenses). Other salaries and wages came to $28.1m. At year end it held assets of $69.2m against liabilities of $23.6m, net assets of $45.6m. It reported 464 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.2%
- Program services 98%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Palestinian Appeal Inc | Washington | $108.2m |
| Central Fund of Israel | Cedarhurst | $109.2m |
| Council on Foreign Relations Inc | New York | $106.9m |
| American Councils for International Education Actr Accels Inc | Washington | $110.9m |