House of Wisdom Inc

Analysis

House of Wisdom Inc is a registered charity in United States, based in Greenfield, WI. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of Wisdom Inc reported income of $259k and spending of $240k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $259k (+123%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 168%. Over the whole period it spent 141% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Wisdom Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Men of Christ Catholic Conferenceinc ($259k), Faith Warrior Ministry ($259k) and Mishkan Hatorah Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $999k against liabilities of $0, net assets of $999k.