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World Possible

RegisteredEIN 26-4035658Irvine, CAOverseas aid and international
Income$465k2023-12
Spending$378ksame year
Spent / received92%5-year average
Size in its cause69th pctOverseas aid and international
Exempt since2009Publicly supported organisat
Employees1latest return

Analysis

World Possible is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in September 2009, 17 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 (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 Possible reported income of $465k and spending of $378k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $465k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Possible sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Front Line USA Foundation ($464k), Good Shepherd Ministries ($465k) and Living Water Community Transformation Inc ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $235k (62% of expenses). At year end it held assets of $693k against liabilities of $0, net assets of $693k. It reported 1 employees.

Income and spending

$0$295k$589k$884k$1.2m2019 Income: $1,178,7212019 Spending: $1,028,17120192020 Income: $607,4692020 Spending: $549,61820202021 Income: $499,4122021 Spending: $475,95920212022 Income: $379,7062022 Spending: $437,38120222023 Income: $464,9492023 Spending: $378,1992023
IncomeSpending

Where the income comes from

  • Contributions & grants 62%
  • Other 38%

Similar-sized charities, same cause

CharityLocationIncome
Front Line USA FoundationMontclair$464k
Good Shepherd MinistriesClanton$465k
Living Water Community Transformation IncGoodlettsvlle$464k
Vision of Community Fellowship IncKent$465k