World of Change Inc

Analysis

World of Change Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 2026. 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 October 2021, World of Change Inc reported income of $144k and spending of $182k, spending 127% of what it took in. Across the 3 years on record, from October 2019 to October 2021, income fell from $231k to $144k (-38%), an average of -21% a year. The sharpest change came in the year to October 2021, when income dropped by 26%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World of Change Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 40th percentile within ME. Charities of a similar size with the same main cause include Fort Drum Thrift Shop Inc ($144k), Amos Institute of Public Life ($144k) and Salem Area Seniors Inc ($144k).

On its Form 990 for the period ending October 2021, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $113k (62% of expenses). At year end it held assets of $112k against liabilities of $112k, net assets of $435. It reported 1 employees.