Britt Worldwide Charities Inc
EIN: 364707058 · Las Vegas, NV · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $98K |
| Net Assets | $404K |
Is Britt Worldwide Charities Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Britt Worldwide Charities Inc
Britt Worldwide Charities Inc (EIN: 364707058) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T30. The organization reported total revenue of $79K and total assets of $405K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Britt Worldwide Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Britt Worldwide Charities Inc is a micro nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $98K |
| Surplus / Deficit | $-23 |
| Total Assets | $423K |
| Total Liabilities | $19K |
| Net Assets | $404K |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 51.9 months |
Financial Health Grade: B
In 2023, Britt Worldwide Charities Inc reported a deficit of $23 with expenses exceeding revenue, holds 51.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Britt Worldwide Charities Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | -33.3% | -1.8% |
| 2022 | +115.6% | +93.2% | -11.4% |
| 2021 | -68.1% | +6.8% | -5.3% |
| 2020 | -48.6% | -47.4% | +15.9% |
| 2019 | +8.0% | -14.0% | +33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Britt Worldwide Charities Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Britt Worldwide Charities Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Britt Worldwide Charities Inc
Is Britt Worldwide Charities Inc a legitimate charity?
Britt Worldwide Charities Inc (EIN: 364707058) is a registered tax-exempt nonprofit based in Nevada. It has 12 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: B.
How does Britt Worldwide Charities Inc spend its money?
Britt Worldwide Charities Inc reported $79K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Britt Worldwide Charities Inc tax-deductible?
Britt Worldwide Charities Inc is registered as a tax-exempt nonprofit (EIN: 364707058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Britt Worldwide Charities Inc located?
Britt Worldwide Charities Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 364707058. It is classified under NTEE code T30.
How many years of IRS 990 filings does Britt Worldwide Charities Inc have?
Britt Worldwide Charities Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $79K in total revenue.
Filing History
IRS 990 filing history for Britt Worldwide Charities Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Britt Worldwide Charities Inc's revenue has declined by 65.1%, moving from $280K to $98K. Total assets increased by 72.6% over the same period, from $245K to $423K. Total functional expenses fell by 9.4%, from $108K to $98K. In its most recent filing year (2023), Britt Worldwide Charities Inc reported a deficit of $23, with expenses exceeding revenue. The organization holds $19K in liabilities against $423K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $404K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $98K | $423K | $19K | — | — |
| 2022 | $87K | $147K | $431K | $27K | — | — |
| 2021 | $40K | $76K | $486K | $23K | — | — |
| 2020 | $127K | $71K | $514K | $15K | — | — |
| 2019 | $246K | $135K | $443K | $0 | — | View 990 |
| 2018 | $228K | $157K | $332K | $0 | — | View 990 |
| 2017 | $229K | $211K | $261K | $0 | — | View 990 |
| 2016 | $231K | $195K | $243K | $0 | — | View 990 |
| 2015 | $230K | $172K | $207K | $0 | — | View 990 |
| 2014 | $255K | $277K | $148K | $0 | — | View 990 |
| 2013 | $265K | $340K | $170K | $0 | — | View 990 |
| 2012 | $280K | $108K | $245K | $377 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $98K, and assets of $423K (revenue +12.2% year-over-year).
- 2022: Revenue of $87K, expenses of $147K, and assets of $431K (revenue +115.6% year-over-year).
- 2021: Revenue of $40K, expenses of $76K, and assets of $486K (revenue -68.1% year-over-year).
- 2020: Revenue of $127K, expenses of $71K, and assets of $514K (revenue -48.6% year-over-year).
- 2019: Revenue of $246K, expenses of $135K, and assets of $443K (revenue +8.0% year-over-year).
- 2018: Revenue of $228K, expenses of $157K, and assets of $332K (revenue -0.2% year-over-year).
- 2017: Revenue of $229K, expenses of $211K, and assets of $261K (revenue -1.1% year-over-year).
- 2016: Revenue of $231K, expenses of $195K, and assets of $243K (revenue +0.6% year-over-year).
- 2015: Revenue of $230K, expenses of $172K, and assets of $207K (revenue -10.0% year-over-year).
- 2014: Revenue of $255K, expenses of $277K, and assets of $148K (revenue -3.5% year-over-year).
- 2013: Revenue of $265K, expenses of $340K, and assets of $170K (revenue -5.4% year-over-year).
- 2012: Revenue of $280K, expenses of $108K, and assets of $245K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Britt Worldwide Charities Inc:
Data Sources and Methodology
This transparency report for Britt Worldwide Charities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.