World Wide Scholastic Esports Foundation Inc

Analysis

World Wide Scholastic Esports Foundation Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Wide Scholastic Esports Foundation Inc reported income of $1.8m and spending of $1.5m, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $743k to $1.8m (+140%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, World Wide Scholastic Esports Foundation Inc 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 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Living in Christ Ministries ($1.8m), Camp Starfish Inc ($1.8m) and Friends of the Children of the Klamath Basin ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.