Worldopt Institute Inc

Analysis

Worldopt Institute Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Worldopt Institute Inc reported income of $375k and spending of $261k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $712k to $375k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 1973%. Over the whole period it spent 39% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Worldopt Institute Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within HI. Charities of a similar size with the same main cause include The Experimental Farm Network Cooperative ($375k), Chesapeake Stormwater Network Inc ($375k) and Herb Society of America Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $26k (10% of expenses). At year end it held assets of $1.8m against liabilities of $1,047, net assets of $1.8m.