Bliss & Wisdom Culture and Education Organization

Analysis

Bliss & Wisdom Culture and Education Organization is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bliss & Wisdom Culture and Education Organization reported income of $218k and spending of $180k, spending 83% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $445k to $218k (-51%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 78%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bliss & Wisdom Culture and Education Organization sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Foster Heart Hope ($218k), Idaho Diaper Bank Inc ($218k) and J T Townsend Foundation Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $2,400 (1.3% of expenses). Other salaries and wages came to $93k. At year end it held assets of $622k against liabilities of $982, net assets of $621k. It reported 7 employees.