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MISSION

The making of charitable distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code.

 FORM 1023-EZ for WORLD FOUNDATION INC

DEMOGRAPHIC

ADDRESS
4518 N 32ND ST
85018
COUNTY
maricopa county, AZ
IN CARE OF NAME
BENSON L SCHAUB

ORGANIZATIONAL OVERVIEW & RANKINGS

WORLD FOUNDATION INC is a based in PHOENIX, AZ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in September 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,030,383 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 21,938 out of 42,827 organizations in AZ (Top 52%).

In maricopa county, AZ, the organization ranks 9,642 out of 25,600 nonprofits by assets (Top 38%), while locally in phoenix, it stands at 5,141 among 8,957 organizations (Top 58%).

The organization reported no revenue in the most recent filing period, placing it at 1,330,555 nationally and 16,371 in AZ.

Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, WORLD FOUNDATION INC ranks 11,322 in assets (Top 65%) and 12,439 in revenue (Top 71%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 and was reinstated on May 15, 2018 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Tuesday, May 15, 2018;
Reinstated: Tuesday, May 15, 2018
Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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