Worlds Fair Bid Committee Educational Fund

Analysis

Worlds Fair Bid Committee Educational Fund is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Worlds Fair Bid Committee Educational Fund reported income of $100k and spending of $190k, spending 191% of what it took in. Across the 3 years on record, from December 2018 to December 2023, income fell from $176k to $100k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Worlds Fair Bid Committee Educational Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Mission III Academy ($100k), Wings Ministries Freedom Through Transformation ($100k) and Women in Medicine Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,362 against liabilities of $127k, net assets of -$120k.