Worldcc Foundation

Analysis

Worldcc Foundation is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Worldcc Foundation reported income of $54k and spending of $113k, spending 210% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $54k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Worldcc Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Jamaican Civic & Cultural Association of Rockland ($54k), Historians of Netherlandish Art Inc ($54k) and HRTS Foundation ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,970 against liabilities of $64k, net assets of -$59k.