Worldteach Inc

Analysis

Worldteach Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 1992, 34 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Worldteach Inc reported income of $85k and spending of $90k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $914k to $85k (-91%), an average of -45% a year. The sharpest change came in the year to June 2020, when income dropped by 90%. Over the whole period it spent 135% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Worldteach Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include International Friendship Summits Inc ($85k), Brothers and Sisters in Community Service ($86k) and Ekenywa ($85k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% of the total. Other salaries and wages came to $64k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.