World Leaders Forum Inc

Analysis

World Leaders Forum Inc is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in December 2019, 7 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 May 2023, World Leaders Forum Inc reported income of $104k and spending of $224k, spending 215% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $351k to $104k (-70%), an average of -33% a year. The sharpest change came in the year to May 2023, when income dropped by 76%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, World Leaders Forum Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Central School Home School Assocation ($104k), Andrea a and Melinda M Disessa Family Foundation Inc ($104k) and Chinese American Parents Association Walnut ($104k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $400k against liabilities of $250k, net assets of $150k.