Worldbeing Inc

Analysis

Worldbeing Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Worldbeing Inc reported income of $2.2m and spending of $2.7m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.2m (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Worldbeing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Healthy Worthington Resource Center & Food Pantry Inc ($2.2m), Livingston Caregivers ($2.2m) and Combined Coordinating Council Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $182k (6.8% of expenses). Other salaries and wages came to $406k. At year end it held assets of $2.9m against liabilities of $59k, net assets of $2.8m. It reported 5 employees.