Redefiners World Languages Inc
Analysis
Redefiners World Languages Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Redefiners World Languages Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $1.3m (+345%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 113% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Redefiners World Languages Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Carl Albert State College Development Foundation ($1.3m), Doulos Discovery Ministries ($1.3m) and International Society of Transport ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $80k (6.3% of expenses). Other salaries and wages came to $703k. It paid $1,064 in professional fundraising fees. At year end it held assets of $137k against liabilities of $525k, net assets of -$389k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 6.1%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carl Albert State College Development Foundation | Poteau | $1.3m |
| Doulos Discovery Ministries | Burnsville | $1.3m |
| International Society of Transport | Chicago | $1.3m |
| Texas State University System Foundation Inc | Austin | $1.3m |