World of Wonders Childcare & Learning Center

Analysis

World of Wonders Childcare & Learning Center is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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, World of Wonders Childcare & Learning Center reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $896k to $1.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World of Wonders Childcare & Learning Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.4m), Reach Child Placing Agency ($1.4m) and J T Hairston Memorial Apartments Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $61k (4.2% of expenses). Other salaries and wages came to $800k. At year end it held assets of $987k against liabilities of $456k, net assets of $530k. It reported 62 employees.