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World Market Place Inc

EIN 56-1798187 · Asheville, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO CREATE OPPORTUNITIES FOR ARTISANS IN DEVELOPING COUNTRIES TO EARN INCOME BY BRINGING THEIR PRODUCTS AND STORIES TO OUR MARKET THROUGH LONG-TERM FAIR TRADING AND RELATIONSHIPS

Income
$232,266
Spending
$287,547
Spent on programs
82%
Reserves
1.7 months of spending
Largest source of income
other income, 98%
Employees
4
Volunteers
10

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 1.7 months of spending.

  • Debt

    5 of 20

    It owes 75% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 24% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100.

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $236,842 spent. IN 2025 THE ORGANIZATION PURCHASED OVER 200,000 IN INVENTORY FROM ARTISANSS IN DEVELOPING COUNTRIES WHO ARE PAID A FAIR LIVING WAGE FOR THEIR PRODUCTS TEN THOUSAND VILLATES IN ASHEVILLE NC IS A FIAR TRADE RETAILER OF ARTISAN-CRAFTED HOME DECOR PERSONAL ACCESSORIES AND GIFT ITMES FROM ACROSS THE GLOBE AND FEATURES PRODUCTS FROM MORE THAT 130 ARTISAN GROUPS IN SOME 30 COUNTRIES. THE ORGANIZATION HELPS BREAK THE CYCLE OF POVERTY AND IMPACTS THE LIVES OF 20,000 MAKERS IN 30 COUNTRIES. THE ORGANIZATION IS COMMITTED TO THE FOLLOWING ETHICAL PRACTICES: ENSURING MAKERS EARN A FAIR LIVING WAGE IN SAFE WORKING CONDITIONS CARING FOR THE EARTH INVESTING IN PARTNERSHIPS THAT EMPOWER COMMUNITIES AND CELEBRATES CRAFT AND CULTURE

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1993.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.