Center for Collective Wisdom

Analysis

Center for Collective Wisdom is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Collective Wisdom reported income of $69k and spending of $36k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $69k (+525%), an average of +525% a year. The sharpest change came in the year to December 2023, when income rose by 525%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Collective Wisdom sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within NM. Charities of a similar size with the same main cause include Sierra View Elementary PTO ($69k), Noah Farrelly Memorial Fund Ltd ($69k) and Axios Workforce & Talent Development Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $64k against liabilities of $4,290, net assets of $60k.