Wise Tropics Inc

Analysis

Wise Tropics Inc is a registered charity in United States, based in East Setauket, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Wise Tropics Inc reported income of $172k and spending of $160k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $172k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Wise Tropics Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Friends of the Wagner Ranch Nature Area ($172k), Our Climate Common ($172k) and Lumbercycle ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.