WCR Center for the Arts Inc

Analysis

WCR Center for the Arts Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, WCR Center for the Arts Inc reported income of $322k and spending of $151k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $77k to $322k (+317%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 221%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, WCR Center for the Arts Inc 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 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Plymouth Historical Society ($322k), Trailhead Childrens Museum ($322k) and Moroccan American Association of Columbus ($322k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $17k. At year end it held assets of $773k against liabilities of $65k, net assets of $707k. It reported 3 employees.