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World Education Services

New York, NY · EIN 23-7396384 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

World Education Services reported $139.6 million in revenue and $98.7 million in expenses for calendar year 2024. Of every $100 it spent, $80.19 went to program services, $19.81 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 71.4% of the total. The highest compensation it reported for one person was $996,526 (CEO & EXECUTIVE DIRECTOR). 142 people received more than $100,000 in reportable compensation. Revenue rose 66% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $99M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $140M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 469 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
80.2%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
19.8%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
71.4%0.0%
Highest reported compensation
Part VII-A, columns D–F
$996,526$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.01%1.06%
People paid over $100,000
Part VII, line 2
14210
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
27.47.5
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$59M expenses · 74.6% of program spending · revenue $100M

Credential evaluation: as a leader in global education for over 50 years, wes has set the standard for international academic credential evaluation, supporting millions of people as they seek to achieve their academic and professional goals. In 2024, wes served more than 475,000 individuals, who brought the organization nearly 620,000 academic credentials for evaluation from almost 23,000 institutions from more than 200 countries and territories around the world. (continued on schedule o)

$20M expenses · 25.4% of program spending · grants $6.9M

Social impact: wes engages in programmatic initiatives, policy and advocacy efforts, and philanthropic activities to support the economic, educational, and social inclusion of immigrants, refugees, and international students in the united states of america and canada

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO & EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$951,029$0$45,497$996,526
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$560,251$0$58,337$618,588
CHIEF OPERATIONS OFFICER
Key employee, 40.00 hrs/week
$492,302$0$58,337$550,639
DEPUTY EXECUTIVE DIRECTOR, GTB
Highest compensated employee, 40.00 hrs/week
$418,058$0$48,060$466,118
CHIEF TECHNOLOGY OFFICER
Highest compensated employee, 40.00 hrs/week
$425,522$0$24,150$449,672
CHIEF TRANSFORMATION OFFICER
Highest compensated employee, 40.00 hrs/week
$392,323$0$33,482$425,805
CHIEF SOCIAL IMPACT OFFICER
Key employee, 40.00 hrs/week
$402,054$0$22,412$424,466
CHIEF PEOPLE OFFICER
Key employee, 40.00 hrs/week
$392,590$0$24,374$416,964

142 people received more than $100,000 in reportable compensation from World Education Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$140M$99M80.2%$225M$996,526
2023 ⓘ$100M$91M83.9%$201M$922,091
2022 ⓘ$99M$86M84.1%$174M$844,936
2021 ⓘ$108M$71M82.6%$192M$649,913
2020 ⓘ$104M$69M85.5%$147M$605,000
2019 ⓘ$84M$65M88.6%$108M$559,581

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5282

Correct a figure or respond

Every number above is copied from World Education Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for World Education Services, you can publish a response that is linked from this page.

Questions people ask

How much of World Education Services's spending goes to programs?

In calendar year 2024, World Education Services reported that 80.2% of its $98.7 million in expenses went to program services, 19.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does World Education Services pay its top executive?

The largest total compensation World Education Services reported for one person in calendar year 2024 was $996,526, for the role of CEO & EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does World Education Services get its money?

Of $139.6 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 71.4% from program service revenue (Form 990, Part VIII).

Is World Education Services a registered charity?

The IRS lists EIN 23-7396384 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513189349306446 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443199349308399 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323179349309027 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233079349300503 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143139349302904 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202042959349301004 · read the filing

All filings for EIN 23-7396384: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.