World Arts Foundation Inc

Analysis

World Arts Foundation Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Arts Foundation Inc reported income of $193k and spending of $130k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $193k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Arts Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OR. Charities of a similar size with the same main cause include Southwest Park and Recreation Training Institute ($193k), Brooklyn Sportsman Club ($193k) and St Teresa of Avila Villa Inc ($193k).

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 $134k against liabilities of $0, net assets of $134k.