World Class Premier Corp

Analysis

World Class Premier Corp is a registered charity in United States, based in Derwood, MD. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, World Class Premier Corp reported income of $580k and spending of $563k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $220k to $580k (+163%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, World Class Premier Corp sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Marine Education Initiative Inc ($580k), The Eaglecrest Foundation ($581k) and The Optimist Club of Deep River - Northview North Carolina ($580k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $155k against liabilities of $24k, net assets of $131k.