World Partnerships Inc

Analysis

World Partnerships Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in October 2014, 12 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 (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 2022, World Partnerships Inc reported income of $302k and spending of $234k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $244k to $302k (+24%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Partnerships Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Hope of Honduras Inc ($302k), Global One Foundation ($302k) and Diastole-Hospital Hill Incorporated ($302k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $150k (64% of expenses). At year end it held assets of $615k against liabilities of $213k, net assets of $401k. It reported 2 employees.