Perspectives Worldwide Inc

Analysis

Perspectives Worldwide Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in July 2018, 8 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 June 2023, Perspectives Worldwide Inc reported income of $56k and spending of $176k, spending 314% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $281k to $56k (-80%), an average of -55% a year. The sharpest change came in the year to June 2022, when income dropped by 65%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Perspectives Worldwide Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Hot Soup ($56k), Hearts for the Hungry Inc ($56k) and Alliance for the Future of Israel ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.