Sarita and Claire Wright Lucas Foundation Inc

Analysis

Sarita and Claire Wright Lucas Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2015, 11 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, Sarita and Claire Wright Lucas Foundation Inc reported income of $55k and spending of $87k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $55k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sarita and Claire Wright Lucas Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Kiwanis Club of Anacortes Sunrisers Charitable Foundation ($55k), Windy Acres for Preschoolers ($55k) and Carl Junction Educational Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.