Wisdom Inc

Analysis

Wisdom Inc is a registered charity in United States, based in Waukesha, 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 $123k and spending of $76k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $123k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 66% 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 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Surf City Rotary of Huntington Beach Charitable Association ($123k), Shopmonkey Foundation ($123k) and Fight for Fire Fighters Foundation ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 8.8% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.