World Treasures Inc

Analysis

World Treasures Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, World Treasures Inc reported income of $628k and spending of $612k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $601k to $628k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Treasures Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Gravity Water ($627k), Peruvian American Medical Society Endowment Fund ($628k) and Heroes to Heroes Foundation ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $269k. At year end it held assets of $424k against liabilities of $13k, net assets of $411k. It reported 20 employees.