Woodland Child Development Center Inc

Analysis

Woodland Child Development Center Inc is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in January 1976, 50 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, Woodland Child Development Center Inc reported income of $2.4m and spending of $2.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodland Child Development Center Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Lutheran Education Foundation ($2.4m), Bridges of Hope Charitable TR ($2.4m) and Commonwealth Cancer Consortium Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $659k, net assets of $906k. It reported 57 employees.