World Affairs Council of Charlotte

Analysis

World Affairs Council of Charlotte is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 1985, 41 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 December 2023, World Affairs Council of Charlotte reported income of $939k and spending of $951k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $939k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income rose by 185%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Affairs Council of Charlotte sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Childvoice International ($938k), International Institute for Strategic Studies-U S ($940k) and World Trade Center of Greater Philadelphia Inc ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $274k (29% of expenses). Other salaries and wages came to $184k. At year end it held assets of $892k against liabilities of $7,978, net assets of $884k. It reported 5 employees.