Worldwide Farmers Exchange

Analysis

Worldwide Farmers Exchange is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Worldwide Farmers Exchange reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.8m to $1.4m (-92%), an average of -47% a year. The sharpest change came in the year to December 2022, when income rose by 157%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Worldwide Farmers Exchange sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Living Hope Community Center Inc ($1.4m), Destiny Rescue International ($1.4m) and Scalpel at the Cross Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $172k (13% of expenses). Other salaries and wages came to $13k. At year end it held assets of $593k against liabilities of $103k, net assets of $489k. It reported 5 employees.