Wrights Center Inc

Analysis

Wrights Center Inc is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wrights Center Inc reported income of $444k and spending of $419k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $482k to $444k (-7.9%), an average of -2.7% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wrights Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Northwest Valley Connect ($444k), Imago Dei Ministries ($444k) and Decorative Arts Society ($444k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 80% of the total. Other salaries and wages came to $164k. At year end it held assets of $276k against liabilities of $57k, net assets of $219k. It reported 7 employees.