World Outreach Fund

Analysis

World Outreach Fund is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Outreach Fund reported income of $1.5m and spending of $3.6m, spending 232% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $1.5m (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income rose by 1040%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, World Outreach Fund sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Dunn Tower Apartments Inc ($1.5m), Baptist Service Corporation ($1.5m) and Fort Myers Presbyterian Community Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $269k (7.6% of expenses). Other salaries and wages came to $73k. At year end it held assets of $24.7m against liabilities of $93k, net assets of $24.6m.