The Wily Network Inc

Analysis

The Wily Network Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in April 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, The Wily Network Inc reported income of $2.7m and spending of $2.1m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.7m (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Wily Network Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Champion Christian College Inc ($2.7m), East Columbus Drop Back in ($2.7m) and Summit Academy-Toledo ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $161k (7.5% of expenses). Other salaries and wages came to $863k. At year end it held assets of $6.6m against liabilities of $532k, net assets of $6.0m. It reported 20 employees.