World Neighbors Inc

Analysis

World Neighbors Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 1957, 69 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 June 2024, World Neighbors Inc reported income of $7.3m and spending of $5.2m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $7.3m (+102%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 88%. Over the whole period it spent 80% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Neighbors Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include Himalayan Cataract Project Inc ($7.3m), Engineers Without Borders USA Inc ($7.3m) and Friends of Kings College London Association Inc ($7.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $455k (8.8% of expenses). Other salaries and wages came to $902k. At year end it held assets of $17.2m against liabilities of $569k, net assets of $16.6m. It reported 4 employees.