San Jose Mercury News Wish Book Fund Inc

Analysis

San Jose Mercury News Wish Book Fund Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1990, 36 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 June 2024, San Jose Mercury News Wish Book Fund Inc reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $683k to $1.4m (+112%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Jose Mercury News Wish Book Fund Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include United Community Centers Inc ($1.4m), St Paul Plumbers Joint Journeymen & Apprentice Training Trust ($1.4m) and Childrens Cancer Connection ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $345k against liabilities of $2,641, net assets of $343k.