Wise Managers Inc

Analysis

Wise Managers Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in March 2003, 23 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, Wise Managers Inc reported income of $845k and spending of $709k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $934k to $845k (-9.6%), an average of -3.3% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wise Managers Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Coalition for Spiritual and Public Leadership NFP ($844k), Village Community Resource Center ($845k) and Broadway Advocacy Coalition Inc ($844k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $168k. At year end it held assets of $1.5m against liabilities of $384k, net assets of $1.1m. It reported 9 employees.