Eunice Best Wright Charitable Trust

Analysis

Eunice Best Wright Charitable Trust is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Eunice Best Wright Charitable Trust reported income of $153k and spending of $64k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $87k to $153k (+76%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eunice Best Wright Charitable Trust sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Humanity for Children ($153k), Charity House Inc ($153k) and Eposak Foundation Inc ($153k).

Compensation of current officers, directors and key employees was $24k (38% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.