World Carp Inc

Analysis

World Carp Inc is a registered charity in United States, based in Leonia, NJ. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Carp Inc reported income of $1.0m and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.0m (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Carp Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Center for Studies in Global Christianity Inc ($1.0m), Dawat-E-Islami Inc ($1.0m) and Professional for Global Missions ($1.0m).

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 $330k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 13 employees.