Word Is Bond

Analysis

Word Is Bond is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Word Is Bond reported income of $121k and spending of $339k, spending 280% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $256k to $121k (-53%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 101% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Word Is Bond sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OR. Charities of a similar size with the same main cause include Nonprofit Legal Services Central Inc ($120k), Vital Signs Ministries ($121k) and Friends of Lebmash Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (33% of expenses). Other salaries and wages came to $53k. At year end it held assets of $51k against liabilities of $8,506, net assets of $43k. It reported 3 employees.