Bliss & Wisdom Charitable Organization

Analysis

Bliss & Wisdom Charitable Organization is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in March 2018, 8 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, Bliss & Wisdom Charitable Organization reported income of $1.0m and spending of $959k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $1.0m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bliss & Wisdom Charitable Organization sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include A Spring of Hope Inc ($1.0m), Jubilee USA Network Inc ($1.0m) and Face the World Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $59k (6.1% of expenses). Other salaries and wages came to $217k. At year end it held assets of $766k against liabilities of $40k, net assets of $726k. It reported 20 employees.