Wright Foundation for Pediatric Ophthalmology and Strabismus

Analysis

Wright Foundation for Pediatric Ophthalmology and Strabismus is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Foundation for Pediatric Ophthalmology and Strabismus reported income of $62k and spending of $95k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $80k to $62k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 303%. Over the whole period it spent 140% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wright Foundation for Pediatric Ophthalmology and Strabismus sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Lifeskills Residential Development Inc ($62k), Grazia Foundation ($62k) and Celesterling Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3,427. At year end it held assets of $865k against liabilities of $13k, net assets of $852k. It reported 1 employees.