Northeast Wisdom Inc

Analysis

Northeast Wisdom Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Northeast Wisdom Inc reported income of $178k and spending of $143k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $214k to $178k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Northeast Wisdom Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Borders Expanded Ministries Inc ($178k), Joy Ministries ($178k) and Moriael and Jedidiah Charities Inc ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.