Webster Child Care Center at Laclede Groves

Analysis

Webster Child Care Center at Laclede Groves is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1976, 50 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, Webster Child Care Center at Laclede Groves reported income of $4.0m and spending of $3.3m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.0m (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Webster Child Care Center at Laclede Groves sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include New Life Center ($4.0m), Community Family Centers-Centros Familiares de LA Comunidad ($4.0m) and Orpe Human Rights Advocates ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $131k (4.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.9m against liabilities of $3.2m, net assets of $2.7m. It reported 71 employees.