Britt Worldwide Charities Inc

Analysis

Britt Worldwide Charities Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Britt Worldwide Charities Inc reported income of $98k and spending of $98k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $98k (-60%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Britt Worldwide Charities Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within NV. Charities of a similar size with the same main cause include Rotary Club of Orange Foundation Inc ($98k), Noshad Shakawat Foundation Inc ($98k) and Raising Spirits Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $423k against liabilities of $19k, net assets of $404k.

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.