Center for Wisdoms Women

Analysis

Center for Wisdoms Women is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in April 2017, 9 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, Center for Wisdoms Women reported income of $255k and spending of $179k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $570k to $255k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Wisdoms Women sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 52nd percentile within ME. Charities of a similar size with the same main cause include Sunny Smiles Center Inc ($255k), Sarahs House ($256k) and Open Door Recovery House ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $69k (38% of expenses). Other salaries and wages came to $54k. At year end it held assets of $1.7m against liabilities of $262k, net assets of $1.4m. It reported 5 employees.