Wisdom Inc

Analysis

Wisdom Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wisdom Inc reported income of $175k and spending of $231k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $175k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wisdom Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Oconnor Family Foundation ($175k), Greater Bend Rotary Club Foundation ($175k) and Schertz Humane Society Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 32% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.