Wish Foundation Inc

Analysis

Wish Foundation Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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, Wish Foundation Inc reported income of $117k and spending of $75k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $117k (+250%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 194%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wish Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Unconditional Inc ($117k), Chinese School of Southern Westchester ($117k) and Mennonite Festival for World Relief ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 45% of the total. At year end it held assets of $506k against liabilities of $0, net assets of $506k.