Wright Dunbar Inc

Analysis

Wright Dunbar Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Wright Dunbar Inc reported income of $614k and spending of $743k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $481k to $614k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 145% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wright Dunbar Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Selfless Foundation Inc ($614k), Our West Bayfront ($614k) and Re-Vision Inc ($614k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $5.2m against liabilities of $489k, net assets of $4.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.