World Language Initiative Mt
Analysis
World Language Initiative Mt is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, World Language Initiative Mt reported income of $338k and spending of $391k, spending 116% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $309k to $338k (+9.5%), an average of +4.6% a year. The sharpest change came in the year to July 2024, when income rose by 40%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, World Language Initiative Mt sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MT. Charities of a similar size with the same main cause include Help 2 Others Foundation ($338k), Southland Bible Institute ($338k) and Kiddie Kare Ministry and Preschool Co ($338k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $72k (19% of expenses). Other salaries and wages came to $214k. At year end it held assets of $69k against liabilities of $69k, net assets of $132. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Help 2 Others Foundation | Birmingham | $338k |
| Southland Bible Institute | Ashland | $338k |
| Kiddie Kare Ministry and Preschool Co | Evansville | $338k |
| Youth Justice Alliance | Austin | $338k |