Foundation for Worldwide International Student Exchange

Analysis

Foundation for Worldwide International Student Exchange is a registered charity in United States, based in Dyersburg, TN. It received its IRS tax-exemption ruling in October 1997, 29 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, Foundation for Worldwide International Student Exchange reported income of $5.0m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $5.0m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for Worldwide International Student Exchange sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Asian Cultural Council Inc ($5.0m), Capi USA ($5.0m) and Texas International Education Consortium ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.1m. It reported 23 employees.