Small World Inc

Analysis

Small World Inc is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 September 2023, Small World Inc reported income of $770k and spending of $696k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.5m to $770k (-49%), an average of -16% a year. The sharpest change came in the year to September 2020, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Small World 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 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Anderson Clinic Post-Graduate Medical Education Foundation ($770k), United Way of Knox County Indiana ($770k) and West Seneca Youth Hockey Association Inc ($770k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $237k. At year end it held assets of $355k against liabilities of $36k, net assets of $319k. It reported 13 employees.