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World S Attic Inc NP

RegisteredEIN 47-4294546Somerset, PAOther charitable purposes
Income$231k2023-12
Spending$225ksame year
Spent / received98%5-year average
Size in its cause55th pctOther charitable purposes
Exempt since2016Publicly supported organisat
Employees2latest return

Analysis

World S Attic Inc NP is a registered charity in United States, based in Somerset, PA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World S Attic Inc NP reported income of $231k and spending of $225k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $231k (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World S Attic Inc NP sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Whatcom Literacy Council ($231k), International Center of Medieval Art Inc ($231k) and Piatt Lake Bible Conference Association ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Other salaries and wages came to $55k. At year end it held assets of $48k against liabilities of $2,212, net assets of $45k. It reported 2 employees.

Income and spending

$0$58k$116k$174k$231k2019 Income: $195,2042019 Spending: $199,89720192020 Income: $172,7532020 Spending: $163,45520202021 Income: $216,0892021 Spending: $221,76320212022 Income: $226,3642022 Spending: $211,74420222023 Income: $231,3572023 Spending: $225,1512023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.6%
  • Program services 95%

Similar-sized charities, same cause

CharityLocationIncome
Whatcom Literacy CouncilBellingham$231k
International Center of Medieval Art IncNew York$231k
Piatt Lake Bible Conference AssociationEckerman$231k
The Path FoundationAbbeville$231k