Wright Tavern Legacy Trust

Analysis

Wright Tavern Legacy Trust is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wright Tavern Legacy Trust reported income of $479k and spending of $55k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $479k (+404%), an average of +404% a year. The sharpest change came in the year to December 2023, when income rose by 404%. Over the whole period it spent 24% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wright Tavern Legacy Trust sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Hanuman Maui ($479k), Ministerio Internacional LA Roca Inc ($479k) and Tentmakers ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $611k, net assets of $513k.