WCDC Inc

Analysis

WCDC Inc is a registered charity in United States, based in Washington, IA. It received its IRS tax-exemption ruling in October 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, WCDC Inc reported income of $2.2m and spending of $2.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.2m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, WCDC Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include Self-Governance Communication and Educational Tribal Consortium ($2.2m), Quincy Asian Resources Inc ($2.2m) and South Suburban Montessori Association ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $105k (5.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.4m against liabilities of $147k, net assets of $1.2m. It reported 135 employees.