World Childhood Foundation Inc

Analysis

World Childhood Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1999, 27 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, World Childhood Foundation Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Childhood Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Self-Reliance Inc ($1.6m), Madonna Place Inc ($1.6m) and Changed Lives Ministry Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $158k (9.8% of expenses). Other salaries and wages came to $106k. At year end it held assets of $10.7m against liabilities of $608k, net assets of $10.1m. It reported 4 employees.