Orphanwise Inc

Analysis

Orphanwise Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Orphanwise Inc reported income of $69k and spending of $70k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $69k (-3.3%), an average of -3.3% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Orphanwise Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Sundown M Foundation ($69k), Andy Irons Foundation ($69k) and Mid-South Warhorses for Heroes ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $47k against liabilities of $448, net assets of $47k.