1 Wiser Consumer Education Inc

Analysis

1 Wiser Consumer Education Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in April 2012, 14 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 October 2023, 1 Wiser Consumer Education Inc reported income of $312k and spending of $407k, spending 130% of what it took in. Across the 2 years on record, from October 2021 to October 2023, income fell from $344k to $312k (-9.3%), an average of -9.3% a year. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1 Wiser Consumer Education Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include The Wellesley Hills Junior Womans Club Inc ($312k), Hopetoday ($312k) and Project Prosper Inc ($312k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $178k against liabilities of $459k, net assets of -$281k. It reported 3 employees.