Conscious World Initiative

Analysis

Conscious World Initiative is a registered charity in United States, based in W Melbourne, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Conscious World Initiative reported income of $137k and spending of $152k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $306k to $137k (-55%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 340%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Conscious World Initiative sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Homeless & Wounded Warriors-Mn ($137k), Childrens Center of Cos Cob Inc ($137k) and Mission Opportunities for Christ ($137k).

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 $236k against liabilities of $17k, net assets of $219k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.