Wrld Foundation
EIN: 872610501 · Wilmington, DE · NTEE: C12
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $3.6M |
| Net Assets | $117K |
Is Wrld Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wrld Foundation
Wrld Foundation (EIN: 872610501) is a nonprofit organization based in Wilmington, DE, classified under NTEE code C12. The organization reported total revenue of $11.0M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wrld Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wrld Foundation is a large nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$69K |
| Total Assets | $1.1M |
| Total Liabilities | $939K |
| Net Assets | $117K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 88.9% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Wrld Foundation reported a surplus of $69K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 88.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1755.9% | +2292.9% | +1984.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wrld Foundation 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 Wrld Foundation 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 surplus of $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 88.9%.
Frequently Asked Questions about Wrld Foundation
Is Wrld Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wrld Foundation (EIN: 872610501) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wrld Foundation spend its money?
Detailed spending breakdown data is not yet available for Wrld Foundation. Check back for updated IRS 990 analysis.
Are donations to Wrld Foundation tax-deductible?
Wrld Foundation is registered as a tax-exempt nonprofit (EIN: 872610501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wrld Foundation located?
Wrld Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 872610501. It is classified under NTEE code C12.
How many years of IRS 990 filings does Wrld Foundation have?
Wrld Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $11.0M in total revenue.
Filing History
IRS 990 filing history for Wrld Foundation showing financial trends over 3 years of public records:
Total assets increased by 105594600% over the same period, from $1 to $1.1M. In its most recent filing year (2023), Wrld Foundation reported a surplus of $69K, with revenue exceeding expenses. The organization holds $939K in liabilities against $1.1M in assets (debt-to-asset ratio: 88.9%), resulting in net assets of $117K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.6M | $1.1M | $939K | — | — |
| 2022 | $200K | $152K | $51K | $3K | — | — |
| 2021 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.6M, and assets of $1.1M (revenue +1755.9% year-over-year).
- 2022: Revenue of $200K, expenses of $152K, and assets of $51K.
- 2021: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wrld Foundation:
Data Sources and Methodology
This transparency report for Wrld Foundation 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.