Wonder World Child Development and Day Care Center

Analysis

Wonder World Child Development and Day Care Center is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 1994, 32 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 2022, Wonder World Child Development and Day Care Center reported income of $1.0m and spending of $610k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $687k to $1.0m (+51%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wonder World Child Development and Day Care Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Fallbrook Child Development Center Inc ($1.0m), Every Childs Place Inc ($1.0m) and Earthdance ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $349k. At year end it held assets of $1.0m against liabilities of $38k, net assets of $981k. It reported 33 employees.