CWFF Child Development Center Inc

Analysis

CWFF Child Development Center Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1973, 53 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, CWFF Child Development Center Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CWFF Child Development Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Sonshine World ($1.3m), Glad Tidings Preschool Inc ($1.3m) and Spuyten Duyvil Pre School Inc ($1.3m).

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 $322k (25% of expenses). Other salaries and wages came to $405k. At year end it held assets of $9,479 against liabilities of $6,903, net assets of $2,576. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.