Braided Wisdom Inc

Analysis

Braided Wisdom Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 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 (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, Braided Wisdom Inc reported income of $481k and spending of $436k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $235k to $481k (+105%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Braided Wisdom Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Dysart Community Center ($481k), Hopewell Heights Counseling Inc ($481k) and Little Hands Incorporated ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $186k (43% of expenses). At year end it held assets of $393k against liabilities of $8,845, net assets of $384k. It reported 1 employees.