The Wright Group Unlimited Inc

Analysis

The Wright Group Unlimited Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in October 2021, 5 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, The Wright Group Unlimited Inc reported income of $79k and spending of $77k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $79k (-9.1%), an average of -9.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Wright Group Unlimited Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include West Yuma County Cemetery District ($79k), Holy Spirit Ministries Inc ($79k) and The State College Choral Society ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,591 against liabilities of $200, net assets of $3,391.