Wright Memorial Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,854 | 165,204 | 15,650 | 343.2 | 42% |
| 2021 | 649,964 | 163,007 | 486,957 | 383.6 | 0% |
| 2022 | 197,169 | 154,913 | 42,256 | 407.0 | 0% |
| 2023 | 240,726 | 184,553 | 56,173 | 345.2 | 0% |
In its most recent public year (2023), this organization brought in $56,173 more than it spent. Its reserves stood at about 345.2 months of spending, up from 343.2 in 2020. Staff pay was 0% of spending. $5,309,726 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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