Wonderspring

Analysis

Wonderspring is a registered charity in United States, based in Narberth, PA. It received its IRS tax-exemption ruling in July 1965, 61 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 2023, Wonderspring reported income of $7.6m and spending of $8.5m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.7m to $7.6m (-22%), an average of -5.9% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wonderspring sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include C B King Memorial School Inc ($7.6m), Samaritan Inn Inc ($7.6m) and Chandler Gilbert Arc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $400k (4.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $7.4m against liabilities of $5.5m, net assets of $1.9m. It reported 175 employees.