Wesley Child Care Center

Analysis

Wesley Child Care Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Wesley Child Care Center reported income of $604k and spending of $479k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $543k to $604k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wesley Child Care Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Clu Transitions Incorporated ($604k), Bedford Hills Free Library ($604k) and Mission Santa Maria Inc ($604k).

On its Form 990 for the period ending December 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 $50k (10% of expenses). Other salaries and wages came to $25k. At year end it held assets of $2.1m against liabilities of $54k, net assets of $2.0m. It reported 10 employees.