Wisdom & Money

Analysis

Wisdom & Money is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Wisdom & Money reported income of $594k and spending of $689k, spending 116% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $259k to $594k (+130%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisdom & Money sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Association for Wholesaling Diversity ($594k), Rainbow Therapeutic Riding Center ($594k) and Greater Jacksonville Fishing Tournament Inc ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $119k (17% of expenses). Other salaries and wages came to $209k. At year end it held assets of $188k against liabilities of $24k, net assets of $164k. It reported 4 employees.