Wright - Ingraham Institute

Analysis

Wright - Ingraham Institute is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1971, 55 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 March 2024, Wright - Ingraham Institute reported income of $147k and spending of $242k, spending 164% of what it took in. Across the 5 years on record, from March 2019 to March 2024, income grew from $7,187 to $147k (+1951%), an average of +113% a year. The sharpest change came in the year to March 2020, when income rose by 2221%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wright - Ingraham Institute sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Center for Racehorse Retraining ($147k), West Shore Foundation ($147k) and Friends of the Brunswick Public Library ($147k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $11k (4.7% of expenses). At year end it held assets of $7,616 against liabilities of $0, net assets of $7,616.