Connect with a Wish Inc

Analysis

Connect with a Wish Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in August 2014, 12 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, Connect with a Wish Inc reported income of $702k and spending of $655k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $702k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connect with a Wish Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Haven of Hope Incorporated ($702k), Wasat Community ($702k) and Childrens Center of the Cumberlands ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $96k. At year end it held assets of $153k against liabilities of $9,426, net assets of $143k. It reported 7 employees.