Wrightsville Beach Elementary School Foundation

Analysis

Wrightsville Beach Elementary School Foundation is a registered charity in United States, based in Writsvlle BCH, NC. It received its IRS tax-exemption ruling in May 2014, 12 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 June 2023, Wrightsville Beach Elementary School Foundation reported income of $146k and spending of $65k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $127k to $146k (+15%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wrightsville Beach Elementary School Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Effective Management Association Corp ($146k), Real People Media Inc ($146k) and Sancta Familia Academy ($146k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.