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Top Rated

World Neighbors

CharityWatch report issued
January 2024

Top-Rated Charity
A
CharityWatch Grade
Our independent grade based
on a number of factors.
 
87%
Program Percentage
Amount spent on programs
relative to overhead.
 
$11
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

World Neighbors
5600 North May Ave
Suite 160
Oklahoma City, OK 73112-4222

Other Names

None

Tax Status

501(c)3

Website

www.wn.org

Stated Mission

Inspires people and strengthens communities to find lasting solutions to hunger, poverty and disease and to promote a healthy environment.

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Data based on Fiscal Year Ended 06/30/2023

Program Percentage: 87%

The percentage of World Neighbors's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$4,400,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $11

How many dollars World Neighbors spends on fundraising to raise each $100 of contributions.

$2,600,000

Calculated Total Contributions

(rounded)

Government Funding

25% to 49%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
World Neighbors Audited Financial Statements 73-0707328
World Neighbors IRS Form 990 73-0707328
Entity: World Neighbors
Document Type: Audited Financial Statements
Tax ID: 73-0707328
Entity: World Neighbors
Document Type: IRS Form 990
Tax ID: 73-0707328

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
World Neighbors
meets governance benchmarks.
 
World Neighbors
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Kate Schecter Ph.D. President / CEO $261,491
2 Robert LaChance CPA CFO $157,731
1
Name: Kate Schecter Ph.D.
Title: President / CEO
Compensation: $261,491
2
Name: Robert LaChance CPA
Title: CFO
Compensation: $157,731

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the World Neighbors audit of June 30, 2023 (Note C, Concentrations of Credit Risk):

"...Seventeen donors provided 63% of individual contributions revenues for the year ended June 30, 2023."


According to the World Neighbors audit of June 30, 2023 (Note T, Commitments):

"In addition to the lease commitments disclosed in Note M. Leases - Operating Lease Right-of-Use Assets, WN has an employment agreement with its President and Chief Executive Officer, which extends through June 30, 2024. The commitment under this agreement was $235,465 on June 30, 2023."