Living Wisdom School of Nevada City

Analysis

Living Wisdom School of Nevada City is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Wisdom School of Nevada City reported income of $246k and spending of $239k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $246k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Living Wisdom School of Nevada City sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Washington Theological Consortium ($246k), Rivercity Japanese Supplementary School Inc ($246k) and Embark Center ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $30k (12% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.3m against liabilities of $9,304, net assets of $1.3m. It reported 6 employees.