World Orphans

Analysis

World Orphans is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 Orphans reported income of $2.9m and spending of $2.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Orphans sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Heart of Missouri United Way Inc ($2.9m), Liberty and Light ($2.9m) and Atlantic County Economic Alliance Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $156k (5.3% of expenses). Other salaries and wages came to $949k. At year end it held assets of $1.2m against liabilities of $27k, net assets of $1.2m. It reported 19 employees.