Wee Care Inc

Analysis

Wee Care Inc is a registered charity in United States, based in Hawarden, IA. It received its IRS tax-exemption ruling in November 1990, 36 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 2023, Wee Care Inc reported income of $488k and spending of $527k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $437k to $488k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wee Care Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Wellsprings Village Inc ($487k), Kids Above Everything ($488k) and San Francisco Bay Area Little Brothers - Friends of the Elderly ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Other salaries and wages came to $393k. At year end it held assets of $437k against liabilities of $23k, net assets of $414k. It reported 23 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.