Wisdom of Healing School Inc

Analysis

Wisdom of Healing School Inc is a registered charity in United States, based in West Nyack, NY. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wisdom of Healing School Inc reported income of $135k and spending of $97k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $135k (-21%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisdom of Healing School Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Friends of Thomas Jefferson Elementary ($135k), Jacob Sears Memorial Library Corporation ($136k) and Jessie Beck Parent Faculty Association ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.