Wisdom International Inc

Analysis

Wisdom International Inc is a registered charity in United States, based in Clayton, NC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 International Inc reported income of $2.0m and spending of $1.7m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.0m (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wisdom International Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Global Mission ($2.0m), B L E S S E D Ministries Inc ($2.0m) and Child Evangelism Fellowship Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (7.8% of expenses). Other salaries and wages came to $700k. At year end it held assets of $1.4m against liabilities of $101k, net assets of $1.3m. It reported 13 employees.