World Life Institute Inc

Analysis

World Life Institute Inc is a registered charity in United States, based in Medina, NY. It received its IRS tax-exemption ruling in August 1989, 37 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 Life Institute Inc reported income of $69k and spending of $57k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $69k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Life Institute Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Cityfam ($69k), Arkansas Association of Realtist Inc ($69k) and Zumbrota Area Emergency Shelf Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $257k against liabilities of $40, net assets of $257k.