4word

Analysis

4word is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2011, 15 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, 4word reported income of $1.0m and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $672k to $1.0m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 4word sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Melting Pot Foundation USA Inc ($1.0m), Friends Inc ($1.0m) and Tel Hai Development Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $214k (18% of expenses). Other salaries and wages came to $361k. At year end it held assets of $612k against liabilities of $339k, net assets of $274k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.