Brain Wise Solutions Group Inc

Analysis

Brain Wise Solutions Group Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Brain Wise Solutions Group Inc reported income of $140k and spending of $164k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $140k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brain Wise Solutions Group Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include A Diamond in the Ruff Incorporated ($140k), E210 Ventures Inc ($140k) and Pillars Initiative Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $15k, net assets of $5,496.