World Cultural Foundation Inc

Analysis

World Cultural Foundation Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, World Cultural Foundation Inc reported income of $189k and spending of $95k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $189k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Cultural Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 57th percentile within NV. Charities of a similar size with the same main cause include Madanei Hashabos ($189k), Humanity House ($189k) and Madison County Health Coalition Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.