Wisdom Culture & Education Organization

Analysis

Wisdom Culture & Education Organization is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2001, 25 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, Wisdom Culture & Education Organization reported income of $1.3m and spending of $1.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $854k to $1.3m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wisdom Culture & Education Organization sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Firefighter Cancer Support Networkinc ($1.3m), His Harvest Stand ($1.3m) and Focus Marines Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $59k (5.6% of expenses). At year end it held assets of $2.4m against liabilities of $4,087, net assets of $2.4m. It reported 1 employees.