World Education Services Inc
80% goes to programs Strong reserves Growing revenue
World Education Services Inc is a 501(c)(3) organization based in New York, New York, registered in 1981, with $139,593,000 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
One Battery Park Plaza 3rd Floor, New York, NY, 10004 EIN 23-7396384 Since 1981
Revenue (FY2024)
$139.6M
▲ 39.7% vs prior year
International median: $227K
Expenses (FY2024)
$98.7M
Net assets
$225.1M
Employees
282
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating80% to programs
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. For World Education Services Inc: 80% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating27 mo reserves · +29% margin
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 Education Services Inc: 27 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Education Services Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Education Services Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Help people thrive in new places and help society see the value of people's education & experience.
What they do
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.
Contact & location
- Address
- One Battery Park Plaza 3rd Floor, New York, NY, 10004
- City
- New York
- State
- New York
- Subcategory
- International Exchange
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $26.9M (FY2013) to $139.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $34.7MNet assets $225.1M
Operating margin
29.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$259.8M
Total liabilities
$34.7M
Net assets
$225.1M
Salaries & benefits
$53.9M
55% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $139,593,000▲39.7% | $98,706,735▲7.9% | $225,106,044▲11.9% | $259,765,506▲11.4% | 990 |
| 2023 | $99,938,416▲1.2% | $91,492,697▲6.9% | $201,113,572▲15.3% | $233,089,458▲13.5% | 990 |
| 2022 | $98,705,023▼8.3% | $85,612,582▲20.3% | $174,400,634▼9.0% | $205,422,025▼7.4% | 990 |
| 2021 | $107,632,026▲3.4% | $71,193,891▲3.2% | $191,647,897▲30.1% | $221,911,530▲21.8% | 990 |
| 2020 | $104,133,998▲23.5% | $69,013,202▲5.8% | $147,353,936▲36.5% | $182,177,798▲21.2% | 990 |
| 2019 | $84,317,218▲13.9% | $65,247,515▲17.4% | $107,931,203▲40.0% | $150,333,304▲39.9% | 990 |
| 2018 | $74,012,478▲31.6% | $55,560,407▲23.9% | $77,069,641▲25.9% | $107,477,210▲30.0% | 990 |
| 2017 | $56,240,028▲22.0% | $44,844,100▲24.3% | $61,227,752▲28.2% | $82,697,936▲32.5% | 990 |
| 2016 | $46,099,442▲10.7% | $36,063,382▲11.9% | $47,764,246▲29.8% | $62,431,429▲25.9% | 990 |
| 2015 | $41,655,879▲9.5% | $32,238,603▲18.4% | $36,799,142▲23.2% | $49,607,644▲50.2% | 990 |
| 2014 | $38,034,331▲41.2% | $27,239,904▲45.0% | $29,880,626▲51.6% | $33,017,942▲48.3% | 990 |
| 2013 | $26,943,537 | $18,788,676▲26.7% | $19,708,256▲68.2% | $22,265,095▲58.0% | 990 |
| 2012 | — | $14,825,352▲8.1% | $11,719,238▲57.4% | $14,087,830▲47.8% | 990 |
| 2011 | — | $13,710,943 | $7,445,947 | $9,532,580 | 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.
Leadership & compensation (FY2024)
Highest-paid: Esther T Benjamin — $951,029 (0.96% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Esther T Benjamin | Ceo & Executive Director | 40 | $951,029 |
| John Vermaaten Thru 123124 | Chief Financial Officer | 40 | $560,251 |
| Cheryl Toto | Chief Operations Officer | 40 | $492,302 |
| Biren Shah | Chief Technology Officer | 40 | $425,522 |
| Paul Feltman | Deputy Executive Director, Gtb | 40 | $418,058 |
| Monica K Munn | Chief Social Impact Officer | 40 | $402,054 |
| Abbie J Cowan | Chief People Officer | 40 | $392,590 |
| Holly Sanders | Chief Transformation Officer | 40 | $392,323 |
| Shamira Madhany | Managing Director, Wes Canada | 40 | $328,072 |
| Ernest Wurzbach | Sr. Director of Technology | 40 | $325,501 |
| Megan Blackburn | Sir. Director, Strategy & Planning | 40 | $307,107 |
| Brian Kostantin | Sr Director of Sales, Mktg & Cs | 40 | $305,144 |
| Niteese Lenton As of 10724 | Chief Financial Officer | 40 | $74,224 |
| Aaron Williams | Trustee | 1 | — |
| Ajay Patel | Trustee | 1 | — |
| Audrey Hendley | Chair | 2 | — |
| Caroline Gayle | Trustee | 1 | — |
| Donna Daniels | Trustee | 1 | — |
| Fanta Aw | Trustee | 1 | — |
| Feridun Hamdullahpur | Treasurer | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ninestars Information | Classification & Metadata Evaluation | $3,608,510 |
| Premiere Response LLC | Customer Service Outsource | $3,432,488 |
| Eze Store LLC | Tec Configuration | $1,292,800 |
| Coretech Inc | Microsoft 365 & Azure Consumption | $1,034,062 |
| The Loom LLC | Strategic Initiative Consultants | $590,658 |
Grants made · $4.0M in FY2024
40 grants totaling $4.0M in FY2024 — showing the 15 largest. All grants made by World Education Services Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Techstars Partners 2021 LLC | Project-based support grant | $536,667 |
| Sorenson Impact Foundation | Project-based support grant | $300,000 |
| La Plaza De Encuentro Gathering Place | General operating support grant | $225,000 |
| Nash | Project-based support grant | $200,000 |
| Reproductive Health Investors Alliance Inc | Project-based support grant | $200,000 |
| Upwardly Global | Project-based support grant | $160,000 |
| Resilience Force | General operating support grant | $150,000 |
| Workers Defense Project Inc | General operating support grant | $150,000 |
| Inclusive Action For the City | General operating support grant | $125,000 |
| National Partnership For New Americans | General operating support grant | $110,000 |
| Welcoming Center For New Pennsylvanians | General operating support grant | $110,000 |
| Indiana Undocumented Youth Alliance Inc | General operating support grant | $100,000 |
| Immigrant Advocates Response Collaborative Inc | General operating support grant | $100,000 |
| Inland Empire Immigrant Youth Collective | General operating support grant | $100,000 |
| Partnership For the Advancement of New Americans | General operating support grant | $100,000 |
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Frequently asked questions
- Is World Education Services Inc a legitimate nonprofit?
- Yes. World Education Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7396384, based in New York, New York. Donations are tax-deductible.
- What is World Education Services Inc's EIN?
- World Education Services Inc's Employer Identification Number (EIN) is 23-7396384.
- How much revenue does World Education Services Inc report?
- World Education Services Inc reported $139,593,000 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of World Education Services Inc's spending goes to programs?
- World Education Services Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does World Education Services Inc have?
- CharityIndex grades World Education Services Inc A, based on program efficiency and fundraising cost.
- How much does World Education Services Inc's highest-paid employee make?
- The highest reported compensation on World Education Services Inc's latest Form 990 is $951,029, paid to Esther T Benjamin (Ceo & Executive Director).
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Data for World Education Services Inc (EIN 23-7396384) 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.