World Wide Wells Foundation Inc

Analysis

World Wide Wells Foundation Inc is a registered charity in United States, based in Wendell, NC. It received its IRS tax-exemption ruling in December 2017, 9 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 December 2023, World Wide Wells Foundation Inc reported income of $74k and spending of $113k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $74k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Wide Wells Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Sionfonds for Haiti ($74k), Aimu Today International ($74k) and Tower of Hope International Ministries Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.