Worldreader Org

Seattle, Washington

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$5.0M
Total Revenue
๐Ÿ“Š
$8.4M
Total Expenses
๐Ÿฆ
$6.6M
Net Assets
๐Ÿ“‹
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-26.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-68.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
26.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$5,008,152โ†“26%$8,432,593โ†‘10%$8,926,695โ†“17%
2022$6,797,738โ†“25%$7,661,348โ†‘12%$10,778,368โ†“10%
2021$9,017,027โ†‘25%$6,825,866$11,912,107โ†‘25%
2020$7,223,000โ†“15%$6,807,811โ†“17%$9,548,410โ†‘3%
2019$8,514,245โ†“22%$8,173,147โ†“15%$9,286,425โ†‘9%
2018$10,852,787โ†‘21%$9,583,535โ†‘7%$8,549,200โ†‘11%
2017$8,941,372โ†‘2%$8,934,887โ†‘2%$7,696,421
2016$8,790,332โ†“27%$8,755,075โ†‘12%$7,671,368โ†‘2%
2015$12,089,141โ†‘105%$7,815,459โ†‘108%$7,523,411โ†‘136%
2014$5,911,546โ†‘75%$3,756,115$3,185,499โ†‘227%
2013$3,382,569โ†“7%$3,773,343โ†‘36%$972,897โ†“26%
2012$3,652,008โ†‘234%$2,766,710โ†‘305%$1,321,534โ†‘263%
2011$1,093,525โ†‘456%$682,829โ†‘234%$364,413โ†‘374%
2010$196,682$204,512$76,802

Frequently Asked Questions

What does Worldreader Org do?โ–ผ

Worldreader Org is a international, foreign affairs & national security nonprofit organization based in Washington. It is classified under NTEE code Q33 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Worldreader Org financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Worldreader Org has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Worldreader Org generate?โ–ผ

Worldreader Org reports $5.2M in annual revenue and holds $6.2M in total assets, based on IRS filings.

Worldreader Org โ€” Seattle, WA | GiveScope