World Service Enterprise Organization NSP

Analysis

World Service Enterprise Organization NSP is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, World Service Enterprise Organization NSP reported income of $2.0m and spending of $191k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $2.0m (+988%), an average of +988% a year. The sharpest change came in the year to December 2023, when income rose by 988%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Service Enterprise Organization NSP sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Quigley House Inc ($2.0m), Epiphany Community Health Outreach Services ($2.0m) and Ashe Food Pantry Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,075 (1.1% of expenses). At year end it held assets of $1.9m against liabilities of $152k, net assets of $1.8m.