World Embrace Inc

Analysis

World Embrace Inc is a registered charity in United States, based in Hideaway, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Embrace Inc reported income of $183k and spending of $233k, spending 127% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $219k to $183k (-16%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Embrace Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Singh Sabha Gurdwara ($183k), Joel Hitchcock Ministries Inc ($183k) and Hope Emmanuel ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $23k, net assets of -$9,136.