World Savvy Inc

Analysis

World Savvy Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Savvy Inc reported income of $3.4m and spending of $4.8m, spending 141% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.2m to $3.4m (+57%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 250%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Savvy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Project Expedite Justice ($3.4m), Christadelphian Meal-A-Day Americas Inc ($3.4m) and Health Strategy and Delivery Foundation ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $1.1m (22% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.5m against liabilities of $373k, net assets of $4.1m. It reported 36 employees.