Wee R the World Daycare Center Inc

Analysis

Wee R the World Daycare Center Inc is a registered charity in United States, based in Willow Grove, PA. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, Wee R the World Daycare Center Inc reported income of $2.6m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.6m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wee R the World Daycare Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Community Enterprise Development Services ($2.6m), Fill Ministries Inc ($2.6m) and Brookline Food Pantry Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $469k (21% of expenses). Other salaries and wages came to $931k. At year end it held assets of $562k against liabilities of $326k, net assets of $236k. It reported 41 employees.