World Strategic Forum Inc

Analysis

World Strategic Forum Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Strategic Forum Inc reported income of $626k and spending of $711k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $634k to $626k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, World Strategic Forum Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include The Appraisal Institute of America Inc ($626k), Producir Inc Una Corp de Desarrollo Comunal Y Econ Para Cubuy Y Lomas ($627k) and University Rotary Service Fund ($626k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.5% of the total. Other salaries and wages came to $74k. At year end it held assets of $365k against liabilities of $442k, net assets of -$78k.