Branches Worldwide

Analysis

Branches Worldwide is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Branches Worldwide reported income of $693k and spending of $701k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $217k to $693k (+220%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Branches Worldwide sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Coachella Valley Bridge Foundation ($693k), Happy Village ($694k) and Virginia Miller Helping Others in Need Ministry Inc ($693k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $5,857, net assets of $115k.