Writopia Lab Inc

Analysis

Writopia Lab Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2009, 17 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 August 2023, Writopia Lab Inc reported income of $3.5m and spending of $4.6m, spending 130% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.5m to $3.5m (-21%), an average of -5.9% a year. The sharpest change came in the year to August 2022, when income dropped by 16%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Writopia Lab Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include The Winston School of San Diego ($3.5m), Compass Academy Charter School ($3.5m) and Blue Marble Holdings Corporation ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $995k against liabilities of $742k, net assets of $253k. It reported 116 employees.