Wise & Healthy Aging

Analysis

Wise & Healthy Aging is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Wise & Healthy Aging reported income of $8.0m and spending of $8.7m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $8.0m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wise & Healthy Aging sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Capital Opportunities Inc ($8.0m), United Cerebral Palsy of Rhode Island Inc ($8.0m) and Alleghenies Unlimited Care Providers ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $1.2m (14% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $16.0m against liabilities of $2.1m, net assets of $14.0m. It reported 116 employees.