World Impact Network

Analysis

World Impact Network is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in December 1996, 30 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 2023, World Impact Network reported income of $371k and spending of $291k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $371k (+228%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Impact Network sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Nfte Endowment Fund Inc ($371k), Clifton Christian Church Food Bank ($371k) and Created with Purpose of West Texas ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $90k (31% of expenses). Other salaries and wages came to $108k. At year end it held assets of $956k against liabilities of $96k, net assets of $860k. It reported 4 employees.