Dearworld Org Inc

Analysis

Dearworld Org Inc is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in March 2015, 11 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 December 2023, Dearworld Org Inc reported income of $60k and spending of $45k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $60k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 624%. Over the whole period it spent 214% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dearworld Org Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within UT. Charities of a similar size with the same main cause include The Friends of Muscoot Inc ($60k), Music for People Inc ($60k) and Dance Theatre of Tampa Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $236k against liabilities of $6,078, net assets of $230k.