Wraparound Shelby

Analysis

Wraparound Shelby is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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 December 2023, Wraparound Shelby reported income of $203k and spending of $210k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $203k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wraparound Shelby sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Friends of the Erie County Library Inc ($203k), Kentucky Farm Bureau Education Foundation Inc ($203k) and Conference for Food Protection Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.