Wrights Human Resources and Community Development Inc

Analysis

Wrights Human Resources and Community Development Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Wrights Human Resources and Community Development Inc reported income of $213k and spending of $195k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $213k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wrights Human Resources and Community Development Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Freedom Mobility Foundation ($213k), Greene Alliance of Church & Community Efforts ($213k) and Fentress Hope Foundation ($213k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). At year end it held assets of $258k against liabilities of $2,685, net assets of $255k.