World Sleep Foundation

Analysis

World Sleep Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Sleep Foundation reported income of $2.2m and spending of $2.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.2m (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 27136%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Sleep Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Antique Boat Museum ($2.2m), Oakdale Foundation ($2.2m) and Family Online Safety Institute - US ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $833k against liabilities of $0, net assets of $833k.