Wright Flight Inc

Analysis

Wright Flight Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Wright Flight Inc reported income of $335k and spending of $375k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $343k to $335k (-2.5%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wright Flight Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Girls on the Run of Northwest Illinois ($335k), Norwalk Athletic Booster Club ($335k) and Kinwell Academy Inc ($335k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $54k (14% of expenses). Other salaries and wages came to $39k. At year end it held assets of $930k against liabilities of $0, net assets of $930k. It reported 4 employees.