Wislim Foundation

Analysis

Wislim Foundation is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Wislim Foundation reported income of $70k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $70k (-67%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 2.4% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wislim Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include County Center Rotary Community Support ($70k), School Community Development Council ($70k) and Greater Huntsville Rotary Foundation ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $593k against liabilities of $0, net assets of $593k.