Wayne Child Care

Analysis

Wayne Child Care is a registered charity in United States, based in Wayne, NE. It received its IRS tax-exemption ruling in September 1991, 35 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, Wayne Child Care reported income of $881k and spending of $946k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $881k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayne Child Care 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 78th percentile, and in the 78th percentile within NE. Charities of a similar size with the same main cause include Gathering for Justice Inc ($881k), El Pueblo Inc ($881k) and Family Support Organization of Union County Inc ($881k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $74k (7.8% of expenses). Other salaries and wages came to $582k. At year end it held assets of $504k against liabilities of $136k, net assets of $368k.