Woods Edge Child Care Inc

Analysis

Woods Edge Child Care Inc is a registered charity in United States, based in Sudbury, MA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Woods Edge Child Care Inc reported income of $968k and spending of $830k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $968k (+114%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 278%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Woods Edge Child Care Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Oasis-Commission on Social Ministry of Portsmouth/Chesapeake ($968k), Fathers and Mothers Who Care ($969k) and Sharing Hands a Respite Experience Inc ($968k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $593k. At year end it held assets of $232k against liabilities of $7,760, net assets of $225k. It reported 25 employees.