Wright B Flyer Incorporated

Analysis

Wright B Flyer Incorporated is a registered charity in United States, based in Miamisburg, OH. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2024, Wright B Flyer Incorporated reported income of $66k and spending of $60k, spending 91% of its income. Across the 2 years on record, from March 2021 to March 2024, income fell from $85k to $66k (-23%), an average of -23% a year. The sharpest change came in the year to March 2024, when income dropped by 23%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wright B Flyer Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Orange County Center for Contemporary Art ($66k), Sandalwood Band Association Inc ($66k) and Contemporary Hispanic Market Inc ($66k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 68% of the total. At year end it held assets of $366k against liabilities of $7,525, net assets of $359k.