Writers Center Inc

Analysis

Writers Center Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 June 2023, Writers Center Inc reported income of $1.3m and spending of $989k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $990k to $1.3m (+31%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Writers Center Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Fight for the Future Education Fund ($1.3m), A New Start-Financial Social Services Inc ($1.3m) and Piano International Association of Northern Ohio ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $90k (9.1% of expenses). Other salaries and wages came to $249k. At year end it held assets of $2.9m against liabilities of $284k, net assets of $2.7m. It reported 9 employees.