World Around Inc

Analysis

World Around Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Around Inc reported income of $670k and spending of $664k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $670k to $670k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Around Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Foundation for Cultural Arts in San Antonio Dba Las Casas Foundation ($670k), Ocean City Museum Society Inc ($670k) and Women in Technology Inc ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $120k (18% of expenses). At year end it held assets of $61k against liabilities of $20k, net assets of $41k. It reported 1 employees.