Wright Stuff Community Foundation

Analysis

Wright Stuff Community Foundation is a registered charity in United States, based in Norwood, CO. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, 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, Wright Stuff Community Foundation reported income of $276k and spending of $379k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $330k to $276k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wright Stuff Community Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include Paws and Affection Inc ($276k), Ukrainian American Sport Center Tryzub ($276k) and Twin Cities Early Childhood Center Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $23k (6.0% of expenses). Other salaries and wages came to $260k. At year end it held assets of $111k against liabilities of $21k, net assets of $90k. It reported 15 employees.