Wright State University Foundation Inc

Analysis

Wright State University Foundation Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in April 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wright State University Foundation Inc reported income of $19.1m and spending of $10.4m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $19.1m (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wright State University Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Central Piedmont Community College Foundation Inc ($19.1m), Seattle Country Day School ($19.1m) and Yeshiva Shaare Torah Inc ($19.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $506k (4.8% of expenses). Other salaries and wages came to $370k. At year end it held assets of $160.1m against liabilities of $3.9m, net assets of $156.2m. It reported 6 employees.