Wishope Inc

Analysis

Wishope Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wishope Inc reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $1.4m (+141%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wishope Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Selma Air Inc ($1.4m), Tulsa Tough Inc ($1.4m) and St Marys Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 92% of the total. Other salaries and wages came to $681k. At year end it held assets of $152k against liabilities of $855k, net assets of -$703k. It reported 39 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.