World Systems Solutions Inc
Analysis
World Systems Solutions Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Systems Solutions Inc reported income of $1.8m and spending of $1.7m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $879k to $1.8m (+100%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, World Systems Solutions 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 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Grace Mission University ($1.8m), Nanjing University Education Foundation US Inc ($1.8m) and Techpoint Foundation Inc ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $307k. At year end it held assets of $94k against liabilities of $889, net assets of $94k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grace Mission University | Fullerton | $1.8m |
| Nanjing University Education Foundation US Inc | Wilmington | $1.8m |
| Techpoint Foundation Inc | Indianapolis | $1.8m |
| New York State Association of Black Puerto Rican Hispanic & Asian Legi | Albany | $1.8m |