Wondermore Inc
Analysis
Wondermore Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 June 2024, Wondermore Inc reported income of $272k and spending of $306k, spending 112% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $173k to $272k (+57%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 106% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wondermore Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Orem Community Foundation ($272k), Fireweed Housing Development Inc ($272k) and Youth Challenge of New York Inc ($272k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $53k (17% of expenses). Other salaries and wages came to $56k. At year end it held assets of $179k against liabilities of $0, net assets of $179k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 16%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Orem Community Foundation | Orem | $272k |
| Fireweed Housing Development Inc | Wasilla | $272k |
| Youth Challenge of New York Inc | Spencer | $272k |
| Putnam History Museum | Cold Spring | $273k |