World Championships Organizing Committee Inc

Analysis

World Championships Organizing Committee Inc is a registered charity in United States, based in LK Worth BCH, FL. It received its IRS tax-exemption ruling in December 2001, 25 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 Championships Organizing Committee Inc reported income of $117k and spending of $17k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $117k (+90%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 369%. Over the whole period it spent 6.7% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Championships Organizing Committee Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Green Meadow Farm ($117k), Help Network Inc ($117k) and Forever Adventure ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.4m against liabilities of $704k, net assets of $661k.