Operating record

Charles Wright Academy

Tacoma, WA · EIN 91-0673111 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$20,214,757$20,336,969−$122,21233.449%
2021$21,069,701$18,342,601$2,727,10042.947%
2022$19,848,079$19,542,109$305,97038.344%
2023$19,279,888$21,354,336−$2,074,44835.543%

In its most recent public year (2023), this organization spent $2,074,448 more than it brought in. Its reserves stood at about 35.5 months of spending, up from 33.4 in 2020. Staff pay was 43% of spending. $24,904,550 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 ↗