C Milton Wright Music Parent Organization

Analysis

C Milton Wright Music Parent Organization is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, C Milton Wright Music Parent Organization reported income of $82k and spending of $30k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $82k (+234%), an average of +234% a year. The sharpest change came in the year to December 2023, when income rose by 234%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, C Milton Wright Music Parent Organization sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include South Forsyth HS Lacrosse Booster Club Inc ($82k), Memorial Educational Foundation ($82k) and Camarillo Academy of Progressive Education Parent Teacher Student O ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.