Full Power Wisdom Inc

Analysis

Full Power Wisdom Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Full Power Wisdom Inc reported income of $149k and spending of $67k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $153k to $149k (-2.7%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Full Power Wisdom Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Kre8ive Fine Arts Academy Inc ($149k), Chinese-American Bio Pharmaceutical Society ($149k) and Save Harlem Now ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. It paid $983 in professional fundraising fees. At year end it held assets of $595k against liabilities of $52k, net assets of $543k.