Wiseplace

Analysis

Wiseplace is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in March 1948, 78 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, Wiseplace reported income of $3.3m and spending of $2.0m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.3m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wiseplace sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Before and After School Child Care on Location Inc ($3.3m), Hope Ignites ($3.3m) and Greater Grand Forks Senior Citizens Association Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $189k (9.4% of expenses). Other salaries and wages came to $377k. At year end it held assets of $5.2m against liabilities of $1.4m, net assets of $3.8m. It reported 9 employees.