World Giving Foundation

Analysis

World Giving Foundation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, World Giving Foundation reported income of $3.5m and spending of $1.7m, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $3.2m to $3.5m (+6.5%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 16% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, World Giving Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Community Foundation of South Central Wisconsin Inc ($3.5m), Homes for Hope ($3.5m) and Washington County Community Foundation Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $37k (2.1% of expenses). At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.