Westgate Child Center Corporation
Analysis
Westgate Child Center Corporation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Westgate Child Center Corporation reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.6m (+23%), an average of +5.2% a year. The sharpest change came in the year to August 2021, when income rose by 57%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Westgate Child Center Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include New Beginnings ($1.6m), Gate City Charter School for the Arts ($1.6m) and Project Beetroot ($1.6m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Other salaries and wages came to $958k. At year end it held assets of $1.4m against liabilities of $46k, net assets of $1.4m. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 97%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Beginnings | Indianapolis | $1.6m |
| Gate City Charter School for the Arts | Merrimack | $1.6m |
| Project Beetroot | Bellingham | $1.6m |
| Northeast Florida Regional Stem2 Hub Inc | Fleming Island | $1.6m |