Thomas C Wright Foundation is a 501(c)(3) organization based in Bothell, Washington, registered in 1998, with $871,339 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$871K
▲ 1.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.0M
Net assets
$12.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Thomas C Wright Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thomas C Wright Foundation: 148 mo reserves · -19% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Thomas C Wright Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thomas C Wright Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $590K (FY2015) to $871K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-18.7%
Spent more than it raised in the latest fiscal year.
Total assets
$12.7M
Total liabilities
$4,202
Net assets
$12.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $871,339▲1.0% | $1,034,510▲43.9% | $12,723,705▼1.3% | $12,727,907▼1.3% | 990PF |
| 2023 | $862,805▲165% | $718,796▲61.2% | $12,886,876▲1.1% | $12,889,495▲1.1% | 990PF |
| 2022 | $325,592▼50.9% | $445,784▼53.0% | $12,742,867▼0.9% | $12,748,026▼0.9% | 990PF |
| 2021 | $662,731▲84.1% | $947,777▲435% | $12,863,059▼2.2% | $12,865,142▼2.2% | 990PF |
| 2020 | $359,951▼14.6% | $177,115▼73.5% | $13,148,105▲1.4% | $13,150,161▲1.4% | 990PF |
| 2019 | $421,457▼8.1% | $667,806▼42.1% | $12,965,269▼2.1% | $12,965,269▼2.1% | 990PF |
| 2018 | $458,593▼88.5% | $1,154,150▲81.5% | $13,238,740▼5.0% | $13,238,740▼5.0% | 990PF |
| 2017 | $3,985,993▲0.6% | $635,871▼3.9% | $13,934,297▲31.7% | $13,934,297▲31.7% | 990PF |
| 2016 | $3,963,347▲572% | $661,913▼6.6% | $10,584,175▲45.3% | $10,584,175▲45.3% | 990PF |
| 2015 | $589,670 | $708,622▲142% | $7,282,741▲46.7% | $7,282,741▲46.7% | 990PF |
| 2011 | — | $292,702▲15.9% | $4,964,707▼3.2% | $4,964,707▼3.2% | 990PF |
| 2010 | — | $252,523 | $5,130,270 | $5,131,172 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Thomas C Wright Foundation (EIN 91-6457246) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.