Wrote Inc

Analysis

Wrote Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Wrote Inc reported income of $726k and spending of $800k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $288k to $726k (+152%), an average of +26% a year. The sharpest change came in the year to September 2022, when income rose by 261%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wrote Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Dress for Success Seattle ($726k), MSDC Inc ($726k) and Pennsylvania State Association of County Fairs ($725k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $520k against liabilities of $159k, net assets of $361k.