Allied Wisdom Foundation

Analysis

Allied Wisdom Foundation is a registered charity in United States, based in Mocksville, NC. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allied Wisdom Foundation reported income of $470k and spending of $157k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $470k (-57%), an average of -19% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 14% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Allied Wisdom Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Nakani Native Program ($469k), Gabis Grounds Coffee Shop ($470k) and Act Lawrence Inc ($469k).

At year end it held assets of $16.5m against liabilities of $157k, net assets of $16.4m.