World of Wonders Preschool

Analysis

World of Wonders Preschool is a registered charity in United States, based in Alden, NY. It received its IRS tax-exemption ruling in November 1994, 32 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World of Wonders Preschool reported income of $292k and spending of $308k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $292k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. 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, World of Wonders Preschool sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Obion County Rescue Squad Inc ($292k), Family Career and Community Leaders of America Inc ($292k) and Licking County Community Center for 60 Adults Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (40% of expenses). Other salaries and wages came to $114k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 18 employees.