World Economic Forum is a 501(c)(6) organization based in New York, New York, registered in 2016, with $442,492,802 in FY2023 revenue. CharityIndex grades it A.
Revenue (FY2023)
$442.5M
▲ 10.2% vs prior year
International median: $227K
Expenses (FY2023)
$438.4M
Net assets
$468.4M
Employees
305
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for World Economic Forum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For World Economic Forum: 13 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For World Economic Forum: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For World Economic Forum: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The world economic forum, committed to improving the state of the world, is the international organization for public-private cooperation.
Business networks and initiatives the forum has developed a number of partnership networks that are designed to link businesses based on different characteristics, such as region or industry. additionally, the forum sponsors initiatives that encourage public-private partnerships to tackle global issues.
Reports the forum conducts research and issues substantive reports and whitepapers that focus on the intersections between geopolitics, economics, technology, and society. the research activities have included economic competitiveness, global risks, gender parity, and security, emphasizing benchmarking strategic foresight, and sharing best practices.
Revenue grew from $279.7M (FY2016) to $442.5M (FY2023) across 8 reported years.
Financial snapshot
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$860.9M
Total liabilities
$392.4M
Net assets
$468.4M
Salaries & benefits
$193.9M
44% of expenses
Board members
29
28 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $442,492,802▲10.2% | $438,383,315▲14.8% | $468,427,056▲0.6% | $860,867,519▲2.8% | 990 |
| 2022 | $401,556,590▲8.4% | $381,977,297▲21.3% | $465,691,113▲9.1% | $837,061,937▲8.9% | 990 |
| 2021 | $370,416,742▲18.1% | $314,980,882▲14.1% | $426,956,069▲0.2% | $768,372,322▲3.6% | 990 |
| 2020 | $313,653,139▼13.0% | $276,054,510▼18.0% | $426,009,345▲12.3% | $741,935,649▲7.3% | 990 |
| 2019 | $360,639,414▲6.6% | $336,475,927▲6.3% | $379,447,534▲13.6% | $691,686,183▲13.8% | 990 |
| 2018 | $338,156,853▲6.3% | $316,507,118▲16.1% | $333,885,820▲8.3% | $607,640,514▲6.8% | 990 |
| 2017 | $318,001,262▲13.7% | $272,711,811▼2.1% | $308,269,129▲14.1% | $568,719,750▲20.2% | 990 |
| 2016 | $279,722,879 | $278,453,177 | $270,285,284 | $472,969,075 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Borge Brende — $1,667,668 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Borge Brende | President of Managing Board | 40 | $1,667,668 |
| Sarita Nayyar | Former Managing Director | 0 | $1,493,234 |
| Klaus Schwab | Founder and Executive Chairman | 40 | $1,112,347 |
| Jeremy Jurgens | Managing Director | 40 | $1,001,112 |
| Adrian Monck | Former Managing Director | 0 | $834,260 |
| Alois Zwinggi | Managing Director | 40 | $834,260 |
| Gim Huay Neo | Managing Director | 40 | $834,260 |
| Olivier Schwab | Managing Director | 40 | $834,260 |
| Saadia Zahidi | Managing Director | 40 | $834,260 |
| Mirek Dusek | Managing Director | 40 | $782,536 |
| Julien Gattoni | Managing Director | 40 | $778,643 |
| Emma Benameur | Head of Impact & Engagement | 40 | $759,784 |
| Roberto Bocca | Head Future Energy & Material | 40 | $564,349 |
| Shyam Bishen | Head Health & Healthcare | 40 | $542,437 |
| Nicola Christine Port | Chief Legal Officer | 40 | $534,512 |
| Matthew Blake | Head of Centre Fin & Mon Systm | 40 | $530,238 |
| Liming Chen | Chief Rep. Officer | 40 | $526,034 |
| Mel Rogers | Head of Strategic Affairs | 40 | $455,976 |
| Stephan Ruiz | Head Group Control,finance,opp | 40 | $439,179 |
| Makiko Eda | Chief Rep. Officer, Japan | 40 | $330,766 |
| Contractor | Services | Paid |
|---|---|---|
| Pena Karina | Consulting Services | $244,741 |
| Gregoire De Hemptinne | Consulting Services | $211,367 |
| Juan Carlos Escobar | Consulting Services | $211,367 |
| Petra Tanos | Consulting Services | $210,522 |
| Borbor Ghagjar Nasrine | Legal Advisor | $165,122 |
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Data for World Economic Forum (EIN 98-0459408) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.