Acts of Wisdom

Analysis

Acts of Wisdom is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Acts of Wisdom reported income of $71k and spending of $71k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $49k to $71k (+44%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Acts of Wisdom sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Center for Military Readiness ($71k), KNL Foundation ($71k) and Illuminating Nations Through Offering Opportunity I N T O ($71k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.