Wee Care at Labor

Analysis

Wee Care at Labor is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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 August 2023, Wee Care at Labor reported income of $997k and spending of $749k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $797k to $997k (+25%), an average of +5.8% a year. The sharpest change came in the year to August 2023, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wee Care at Labor sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Little Sisters of the Poor Service Corporation ($997k), E M Holt Community Volunteer Fire Department ($997k) and MN Zej Zog ($996k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $497k. At year end it held assets of $635k against liabilities of $88k, net assets of $547k. It reported 46 employees.