Wisdom Spring Inc

Analysis

Wisdom Spring Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Spring Inc reported income of $110k and spending of $107k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $110k (+14%), an average of +14% a year. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Wisdom Spring Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Francis and Benedict Inc ($110k), Friends of Basha ($110k) and Ten Friends Project ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $128k against liabilities of $234, net assets of $128k.