Wishes & More

Analysis

Wishes & More is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wishes & More reported income of $1.9m and spending of $1.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wishes & More sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Tri-Support Services Inc ($1.9m), Outcomes Incorporated ($1.9m) and Family & Childrens Service of Greater Lynn Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $102k (5.5% of expenses). Other salaries and wages came to $373k. It paid $47k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $135k, net assets of $2.3m. It reported 10 employees.