World Transformation Movement Inc

Analysis

World Transformation Movement Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, World Transformation Movement Inc reported income of $1.2m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $719k to $1.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Transformation Movement Inc 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 81st percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include Centro Unido Latino Americano ($1.2m), Umlauf Sculpture Garden & Museum ($1.2m) and Lincoln Orchestra Association ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $710k against liabilities of $120k, net assets of $590k.

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.