World Compassion Network Inc

Analysis

World Compassion Network Inc is a registered charity in United States, based in Warsaw, IN. It received its IRS tax-exemption ruling in May 2002, 24 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 Compassion Network Inc reported income of $388k and spending of $445k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $532k to $388k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Compassion Network Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Bailey County Senior Citizens Association Inc ($388k), Kentucky Hunters for the Hungry Inc ($388k) and North Boroughs-Sewickley Area Meals on Wheels ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $233k. At year end it held assets of $505k against liabilities of $0, net assets of $505k. It reported 5 employees.