Worldwide Foundation

Analysis

Worldwide Foundation is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Worldwide Foundation reported income of $127k and spending of $120k, spending 94% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $136k to $127k (-6.2%), an average of -2.1% a year. The sharpest change came in the year to September 2021, when income rose by 69%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Worldwide Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within LA. Charities of a similar size with the same main cause include Pyp Yog Foundation Inc NFP ($127k), Gesher Galicia Inc ($127k) and Columbia County Cares Inc ($127k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $623k against liabilities of $0, net assets of $623k.