Warm World Child Development Center Inc

Analysis

Warm World Child Development Center Inc is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Warm World Child Development Center Inc reported income of $801k and spending of $819k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $598k to $801k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Warm World Child Development Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Creative Education Foundation ($801k), Dalhart Christian Academy ($801k) and Wildwood School Inc ($801k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Other salaries and wages came to $544k. At year end it held assets of $560k against liabilities of $0, net assets of $560k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.