Wisdom Thinkers Network Inc

Analysis

Wisdom Thinkers Network Inc is a registered charity in United States, based in Mexico, NY. It received its IRS tax-exemption ruling in April 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wisdom Thinkers Network Inc reported income of $89k and spending of $89k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $89k (-13%), an average of -13% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisdom Thinkers Network Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Birthright of Hillsboro Inc ($89k), Operation 23 to 0 ($89k) and Northwestern Ohio and Southeastern Michigan Intergroup Association of ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $26k against liabilities of $1,965, net assets of $24k.