Wright Center Medical Group

Analysis

Wright Center Medical Group is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Wright Center Medical Group reported income of $64.8m and spending of $58.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.6m to $64.8m (+215%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wright Center Medical Group sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($64.1m), RBC Ministries ($64.9m) and Our Sunday Visitor Inc ($59.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.4m (4.1% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $44.9m against liabilities of $14.2m, net assets of $30.7m. It reported 402 employees.