World Childhood Foundation Inc
World Childhood Foundation Inc maintains stable assets and reports zero officer compensation across all filings.
EIN: 161559586 · New York, NY · NTEE: P120 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $10.1M |
| Transparency Score | 88/100 |
Is World Childhood Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Childhood Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Childhood Foundation Inc
World Childhood Foundation Inc (EIN: 161559586) is a nonprofit organization based in New York, NY, classified under NTEE code P120. The organization reported total revenue of $7.2M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Childhood Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Childhood Foundation Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$27K |
| Total Assets | $10.7M |
| Total Liabilities | $608K |
| Net Assets | $10.1M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 80.3 months |
Financial Health Grade: A
In 2023, World Childhood Foundation Inc reported a surplus of $27K with revenue exceeding expenses, holds 80.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), World Childhood Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.4% | -27.4% | +4.8% |
| 2022 | -46.5% | +23.6% | -17.1% |
| 2021 | +65.2% | +16.3% | +15.0% |
| 2020 | -17.6% | -4.1% | +3.8% |
| 2019 | -15.0% | -11.2% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates World Childhood Foundation Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, World Childhood Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly favorable for donor perception and efficient use of funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of World Childhood Foundation Inc's IRS 990 filings:
- Revenue volatility, with significant drops in 2020 and 2022 compared to 2021 peak.
Strengths
The following positive indicators were identified for World Childhood Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Stable asset base, consistently above $8.7 million.
- Low liabilities relative to assets, indicating strong financial health.
- Generally good expense management, with expenses often tracking revenue.
Frequently Asked Questions about World Childhood Foundation Inc
Is World Childhood Foundation Inc a legitimate charity?
World Childhood Foundation Inc (EIN: 161559586) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does World Childhood Foundation Inc spend its money?
World Childhood Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to World Childhood Foundation Inc tax-deductible?
World Childhood Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161559586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of World Childhood Foundation Inc's spending goes to programs?
World Childhood Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does World Childhood Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), World Childhood Foundation Inc is above average for NTEE category P120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Childhood Foundation Inc located?
World Childhood Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 161559586. It is classified under NTEE code P120.
How many years of IRS 990 filings does World Childhood Foundation Inc have?
World Childhood Foundation Inc has 13 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 $7.2M in total revenue.
Is World Childhood Foundation Inc a good charity?
Based on the provided data, World Childhood Foundation Inc appears to be a good charity. It consistently reports 0% officer compensation, maintains stable assets, and generally manages its expenses in line with its revenue, indicating responsible financial stewardship. The low liabilities also suggest good financial health.
How has the organization's revenue trended over the last five years?
Over the last five years (2019-2023), the organization's revenue has fluctuated: $1,845,818 (2019), $1,520,329 (2020), $2,511,348 (2021), $1,343,197 (2022), and $1,631,297 (2023). This shows variability but a general range of $1.3M to $2.5M annually.
What is the organization's asset-to-liability ratio?
In the latest filing (2023), the organization's assets were $10,743,373 and liabilities were $608,079, resulting in an asset-to-liability ratio of approximately 17.67:1. This indicates a very strong financial position with ample assets to cover liabilities.
Filing History
IRS 990 filing history for World Childhood Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Childhood Foundation Inc's revenue has grown by 17.2%, moving from $1.4M to $1.6M. Total assets increased by 9.7% over the same period, from $9.8M to $10.7M. Total functional expenses rose by 3.8%, from $1.5M to $1.6M. In its most recent filing year (2023), World Childhood Foundation Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $608K in liabilities against $10.7M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $10.7M | $608K | — | — |
| 2022 | $1.3M | $2.2M | $10.2M | $455K | — | View 990 |
| 2021 | $2.5M | $1.8M | $12.4M | $137K | — | View 990 |
| 2020 | $1.5M | $1.5M | $10.7M | $191K | — | View 990 |
| 2019 | $1.8M | $1.6M | $10.4M | $104K | — | View 990 |
| 2018 | $2.2M | $1.8M | $9.1M | $235K | — | View 990 |
| 2017 | $1.4M | $1.0M | $9.5M | $50K | — | View 990 |
| 2016 | $1.5M | $2.0M | $8.7M | $367K | — | View 990 |
| 2015 | $1.6M | $1.7M | $8.7M | $244K | — | View 990 |
| 2014 | $1.2M | $1.9M | $9.6M | $453K | — | View 990 |
| 2013 | $1.6M | $1.8M | $10.6M | $809K | — | View 990 |
| 2012 | $1.7M | $1.4M | $10.3M | $478K | — | View 990 |
| 2011 | $1.4M | $1.5M | $9.8M | $688K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $10.7M (revenue +21.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $2.2M, and assets of $10.2M (revenue -46.5% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.8M, and assets of $12.4M (revenue +65.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $10.7M (revenue -17.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.6M, and assets of $10.4M (revenue -15.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.8M, and assets of $9.1M (revenue +56.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.0M, and assets of $9.5M (revenue -9.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $2.0M, and assets of $8.7M (revenue -6.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $8.7M (revenue +40.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.9M, and assets of $9.6M (revenue -27.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.8M, and assets of $10.6M (revenue -3.9% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.4M, and assets of $10.3M (revenue +21.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.5M, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Childhood Foundation Inc:
Data Sources and Methodology
This transparency report for World Childhood Foundation 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.