Public Wise Research and Education Fund

Analysis

Public Wise Research and Education Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Public Wise Research and Education Fund reported income of $3.4m and spending of $1.7m, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $600k to $3.4m (+459%), an average of +136% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 69% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Public Wise Research and Education Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Restore Justice Foundation ($3.3m), Me Too International Inc ($3.4m) and Justice Information Resource Network Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $311k (19% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.9m against liabilities of $186k, net assets of $1.7m. It reported 4 employees.