Larry Joe Wright Evangelistic Association

Analysis

Larry Joe Wright Evangelistic Association is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1978, 48 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 December 2023, Larry Joe Wright Evangelistic Association reported income of $120k and spending of $141k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $120k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Larry Joe Wright Evangelistic Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States ($120k), Friends of Hopelands and Rye Patch Inc ($120k) and Southwest Indiana Walk to Emmaus Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (16% of expenses). Other salaries and wages came to $4,000. At year end it held assets of $64k against liabilities of $0, net assets of $64k.