Wausau Child Care Inc

Analysis

Wausau Child Care Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in July 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 June 2023, Wausau Child Care Inc reported income of $1.9m and spending of $2.6m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $1.9m (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wausau Child Care Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Camp Aranzazu Inc ($1.9m), Hispanic Services Council Inc ($1.9m) and Foundation of Hope Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $65k (2.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $337k against liabilities of $685k, net assets of -$348k. It reported 86 employees.