Wikitongues Inc

Analysis

Wikitongues Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2015, 11 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, Wikitongues Inc reported income of $231k and spending of $243k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $227k to $231k (+1.7%), an average of +1.7% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wikitongues Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include It Bhu Global Alumni Association Inc ($231k), New Life Alternatives Incorporated ($231k) and Educate Bwindi ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $113k (46% of expenses). Other salaries and wages came to $9,289. At year end it held assets of $145k against liabilities of $58k, net assets of $86k. It reported 2 employees.