Ums-Wright Foundation Inc

Analysis

Ums-Wright Foundation Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ums-Wright Foundation Inc reported income of $1.0m and spending of $647k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $855k to $1.0m (+20%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ums-Wright Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Erac-Ce ($1.0m), Veritas Ministries Inc ($1.0m) and Tidelines Institute ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $11.5m against liabilities of $0, net assets of $11.5m.