World Cares Center Inc

Analysis

World Cares Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Cares Center Inc reported income of $307k and spending of $160k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $307k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 79% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, World Cares Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Roulette Chemical Engine Company No 1 ($307k), Mifflin Township Forest Rangers Fire Co ($308k) and Falkland Volunteer Fire Department ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. At year end it held assets of $353k against liabilities of $30k, net assets of $323k.