Wray Area Foundation Inc

Analysis

Wray Area Foundation Inc is a registered charity in United States, based in Wray, CO. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Wray Area Foundation Inc reported income of $170k and spending of $99k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $170k (+165%), an average of +165% a year. The sharpest change came in the year to June 2024, when income rose by 165%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wray Area Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include The Philadelphia Shakespeare Theatre ($170k), Brooklyn Bar Association Foundation Inc ($170k) and Society of Reproductive Surgeons Inc ($170k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $326k against liabilities of $41k, net assets of $285k.