World Speaks

Analysis

World Speaks is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 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 Speaks reported income of $423k and spending of $251k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $423k (+193%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Speaks sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Casa San Juan Bosco ($423k), Catamount Access Television Corporation ($423k) and Society of Plastics Engineers ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $60k (24% of expenses). Other salaries and wages came to $32k. At year end it held assets of $227k against liabilities of $0, net assets of $227k. It reported 3 employees.