The Payton Wright Foundation Inc

Analysis

The Payton Wright Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in September 2008, 18 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 December 2023, The Payton Wright Foundation Inc reported income of $623k and spending of $463k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $623k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Payton Wright Foundation 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 76th percentile within FL. Charities of a similar size with the same main cause include Bethel Community Foundation ($622k), Albia Pre-School and Day Care Center Inc ($623k) and Launch Network ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $48k (10% of expenses). At year end it held assets of $534k against liabilities of $1,521, net assets of $532k. It reported 1 employees.